At the end of November 2005, international reserves made up LTL 10,382.9 million (EUR 3,007.1 million, USD 3,558.7 million). In the course of one month they decreased by LTL 383.4 million, i.e. 3.6 per cent.
The decline of
At the end of November 2005, international reserves made up LTL 10,382.9 million (EUR 3,007.1 million, USD 3,558.7 million).In the course of one month they decreased by LTL 383.4 million, i.e. 3.6 per cent.
The decline of international reserves resulted from the decrease of central government deposits and balances of credit institutions with the Bank of Lithuania of LTL 187.0 million and LTL 160.7 million, respectively, and the decrease of the currency outside the Bank of Lithuania of LTL 70.8 million.
The factors increasing international reserves were the net increase of Bank of Lithuania other liabilities of LTL 29.9 million and the increase of foreign liabilities of the Bank of Lithuania of LTL 5.2 million.
| (LTL millions, unless otherwise indicated; end of period) |
| Official reserve assets | |||||||||||||||
| Total | Monetary gold2 | Special drawing rights | Reserve position in the IMF | Foreign exchange | Other claims | ||||||||||
| USD millions | EUR millions1 | LTL millions | LTL millions | in fine troy ounces (millions) | Total | Currency and deposits | Securities | Financial derivatives | |||||||
| Total | With monetary authorities and the BIS | With banks | |||||||||||||
| 10/2005 | 3,788.0 | 3,118.1 | 10,766.3 | 248.6 | 0.186 | 0.2 | 0.1 | 10,517.4 | 944.2 | 564.9 | 379.4 | 9,573.1 | - | - | |
| 11/2005 | 3,558.7 | 3,007.1 | 10,382.9 | 267.7 | 0.186 | 0.2 | 0.1 | 10,114.9 | 1,459.5 | 976.4 | 483.1 | 8,655.3 | - | - | |
| 11 - 10/2005 | |||||||||||||||
| Change: | in millions | -229.3 | -111.0 | -383.4 | 19.1 | - | 0.0 | 0.0 | -402.5 | 515.3 | 411.6 | 103.7 | -917.8 | - | - |
| in per cent | -6.1 | -3.6 | -3.6 | 7.7 | - | 1.1 | 0.4 | -3.8 | 54.6 | 72.9 | 27.3 | -9.6 | - | - | |
Notes:
1.XEU till December 31, 1998
2. Since December 2001 gold has been valued once per month on the last working day at the value of London gold price fixing. Previously, gold was valued once per year on the last working day at the lowest value of London gold price fixings during the year, if that value was lower than book value.