At the end of April 2004, international reserves made up LTL 9,959.5 million (EUR 2,884.5 million, USD 3,408.7 million). In the course of one month they increased by LTL 211.8 million, i.e. 2.2 per cent.
The main reason behind the increase was the growth of Bank of Lithuania repo transactions
At the end of April 2004, international reserves made up LTL 9,959.5 million (EUR 2,884.5 million, USD 3,408.7 million). In the course of one month they increased by LTL 211.8 million, i.e. 2.2 per cent.
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.
The main reason behind the increase was the growth of Bank of Lithuania repo transactions with non-residents of LTL 132.4 million. Reserves were also boosted by Bank of Lithuania foreign exchange operations with the Central Government and commercial banks. Net purchase of foreign exchange from commercial banks amounted to USD 32.8 million in April.
The official reserves were pushed down by LTL 12.3 million due to the revaluation of gold reserves.
| (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 | |||||||||||||
| 03/2004 | 3,443.6 | 2,823.1 | 9,747.8 | 223.0 | 0.186 | 0.2 | 0.1 | 9,524.6 | 1,815.7 | 934.0 | 881.6 | 7,708.9 | - | - | |
| 04/2004 | 3,408.7 | 2,884.5 | 9,959.5 | 210.7 | 0.186 | 0.8 | 0.1 | 9,747.9 | 1,592.5 | 945.2 | 647.3 | 8,155.4 | - | - | |
| 04 - 03/2004 | |||||||||||||||
| Change: | in millions | -34.9 | 61.3 | 211.8 | -12.3 | 0.0 | 0.6 | 0.0 | 223.4 | -223.1 | 11.2 | -234.3 | 446.5 | - | - |
| in per cent | -1.0 | 2.2 | 2.2 | -5.5 | 0.0 | 367.2 | 1.9 | 2.3 | -12.3 | 1.2 | -26.6 | 5.8 | - | - | |
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.