Over one month reserve money went up by LTL 393.2 million, of which commercial bank balances on correspondent accounts, currency in circulation and required reserves in foreign currencies increased respectively by LTL
Over one month reserve money went up by LTL 393.2 million, of which commercial bank balances on correspondent accounts, currency in circulation and required reserves in foreign currencies increased respectively by LTL 269.3 million, LTL 100.9 million and LTL 24.6 million.The main reason behind the decrease was net purchase of the foreign exchange by the Bank of Lithuania from commercial banks of LTL 390.9 million.
Foreign assets went up by LTL 26.9 million in October, and central government deposits declined by LTL 205.8 million.
Balance Sheet of the Bank of Lithuania| (LTL million, end-of-period) |
| 09/2004 | 10/2004 | Change | ||
| LTL million | % | |||
| FOREIGN ASSETS | 9,401.2 | 9,428.1 | 26.9 | 0.3 |
| CLAIMS ON CENTRAL GOVERNMENT | 4.1 | 4.1 | - | - |
| CLAIMS ON PRIVATE SECTOR | 11.1 | 10.9 | -0.2 | -1.6 |
| CLAIMS ON DEPOSIT MONEY BANKS | 9.9 | 9.9 | -0.0 | -0.1 |
| CLAIMS ON NONBANK FINANCIAL INSTITUTIONS | - | - | - | - |
| OTHER ASSETS | 251.8 | 249.1 | -2.7 | -1.1 |
| TOTAL ASSETS | 9,678.1 | 9,702.1 | 24.0 | 0.2 |
| RESERVE MONEY | 6,303.5 | 6,696.6 | 393.2 | 6.2 |
| o/w currency outside the CB | 5,286.1 | 5,387.1 | 100.9 | 1.9 |
| FOREIGN LIABILITIES | 214.6 | 33.0 | -181.6 | -84.6 |
| CENTRAL GOVERNMENT DEPOSITS | 2,328.0 | 2,122.2 | -205.8 | -8.8 |
| COUNTERPART FUNDS | 29.3 | 29.3 | 0.0 | 0.0 |
| CAPITAL ACCOUNTS | 754.4 | 785.3 | 30.9 | 4.1 |
| OTHER LIABILITIES | 48.4 | 35.6 | -12.8 | -26.4 |
| TOTAL LIABILITIES | 9,678.1 | 9,702.1 | 24.0 | 0.2 |
Memo Items
| (LTL million, end-of-period) |
| 09/2004 | 10/2004 | Change | ||
| LTL million | % | |||
| The IMF loans to the Bank of Lithuania | - | - | - | - |
| The IMF loans to the Ministry of Finance | 83.4 | 75.4 | -8.0 | -9.6 |
Notes:
1. RESERVE MONEY includes currency in circulation, deposit money banks’ reserves and demand deposits of other sectors (excluding central government).
2. OTHER LIABILITIES include unclassified liabilities and other liabilities to non-government sectors outside reserve money definition.