2005-12-14
Over one month reserve money went down by LTL 228.6 million, of which currency in circulation and commercial bank balances on correspondent accounts decreased by LTL 70.8 million and LTL 160.8 million, respectively.
Reserve money was pushed down by the net purchase of foreign exchange by commercial banks from the Bank of Lithuania of LTL 395.3 million, and operations of non-residents reduced it by LTL 66.3 million.A factor increasing reserve money by LTL 231.3 million was operations of central government institutions.
Foreign assets went down by LTL 386.2 million in November and central government deposits decreased by LTL 187.0 million.
Balance Sheet of the Bank of Lithuania
| (LTL million, end-of-period) |
| 10/2005 | 11/2005 | Change | ||
| LTL million | % | |||
| FOREIGN ASSETS | 10,706.9 | 10,320.7 | -386.2 | -3.6 |
| CLAIMS ON CENTRAL GOVERNMENT | 2.7 | 2.7 | - | - |
| CLAIMS ON PRIVATE SECTOR | 10.1 | 10.0 | -0.1 | -1.0 |
| CLAIMS ON DEPOSIT MONEY BANKS | 0.0 | 0.0 | 0.0 | 5.6 |
| CLAIMS ON NONBANK FINANCIAL INSTITUTIONS | - | - | - | - |
| OTHER ASSETS | 240.9 | 243.2 | 2.3 | 1.0 |
| TOTAL ASSETS | 10,960.6 | 10,576.6 | -384.0 | -3.5 |
| RESERVE MONEY | 8,287.1 | 8,058.5 | -228.6 | -2.8 |
| o/w currency outside the CB | 6,359.5 | 6,288.7 | -70.8 | -1.1 |
| FOREIGN LIABILITIES | 116.4 | 121.6 | 5.2 | 4.4 |
| CENTRAL GOVERNMENT DEPOSITS | 1,672.8 | 1,485.8 | -187.0 | -11.2 |
| COUNTERPART FUNDS | 1.5 | 1.5 | - | - |
| CAPITAL ACCOUNTS | 869.2 | 887.7 | 18.5 | 2.1 |
| OTHER LIABILITIES | 13.7 | 21.6 | 7.9 | 58.0 |
| TOTAL LIABILITIES | 10,960.6 | 10,576.6 | -384.0 | -3.5 |
Memo Items
| (LTL million, end-of-period) |
| 10/2005 | 11/2005 | Change | ||
| LTL million | % | |||
| The IMF loans to the Bank of Lithuania | - | - | - | - |
| The IMF loans to the Ministry of Finance | - | - | - | - |
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.