At the end of October 2003, international reserves made up LTL 9,272.9 million (EUR 2,685.6 million, USD 3,134.1 million). In the course of one month they increased by LTL 549.8 million, i.e. by 6.3 per cent.
At the end of October 2003, international reserves made up LTL 9,272.9 million (EUR 2,685.6 million, USD 3,134.1 million). In the course of one month they increased by LTL 549.8 million, i.e. by 6.3 per cent.
The main reason behind the decrease of international reserves was net purchase of the anchor currency by the Bank of Lithuania from commercial banks of LTL 336.6 million. The reserves grew by LTL 188.8 million due to foreign exchange operations of the central government at the Bank of Lithuania. The reserves were also pushed up by LTL 22.2 million by Bank of Lithuania repurchase transactions with non-residents and net inflows of the Bank of Lithuania from investment in foreign currencies.
| 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 | |||||||||||||
| 09/2003 | 2,894.8 | 2,526.4 | 8,723.0 | 215.7 | 0.186 | 0.2 | 0.1 | 8,507.1 | 1,507.9 | 228.5 | 1,279.4 | 6,999.2 | - | - | |
| 10/2003 | 3,134.1 | 2,685.6 | 9,272.9 | 211.9 | 0.186 | 0.2 | 0.1 | 9,060.7 | 1,507.0 | 269.4 | 1,237.7 | 7,553.7 | - | - | 10 - 09/2003 |
| Change: | in millions | 239.3 | 159.2 | 549.8 | -3.9 | - | 0.0 | 0.0 | 553.7 | -0.9 | 40.9 | -41.8 | 554.5 | - | - |
| in per cent | 8.3 | 6.3 | 6.3 | -1.8 | - | -0.3 | -0.3 | 6.5 | -0.1 | 17.9 | -3.3 | 7.9 | - | - | |
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.