At the end of August 2005, international reserves made up LTL 10,250.5 million (EUR 2,968.8 million, USD 3,628.5 million). In the course of one month they increased by LTL 254.5 million, i.e. by 2.5 per cent.
The growth of international reserves was affected by higher balances of credit institutions and central government deposits with the Bank of Lithuania by LTL 139.1 million and LTL 130.1 million, respectively, a net increase of other liabilities of the Bank of Lithuania and an increase of the currency outside the Bank of Lithuania of LTL 8.8 million and LTL 4.9 million, respectively.
The factor reducing international reserves was the contraction of other foreign liabilities of the Bank of Lithuania by LTL 28.4 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 | |||||||||||||
07/2005 | 3,490.7 | 2,895.0 | 9,996.0 | 227.3 | 0.186 | 0.2 | 0.1 | 9,768.4 | 1,327.3 | 795.9 | 531.4 | 8,441.1 | - | - | |
08/2005 | 3,628.5 | 2,968.8 | 10,250.5 | 227.3 | 0.186 | 0.2 | 0.1 | 10,022.9 | 1,911.3 | 1,043.6 | 867.7 | 8,111.6 | - | - | |
08 - 07/2005 | |||||||||||||||
Change: | in millions | 137.8 | 73.7 | 254.5 | 0.0 | - | 0.0 | 0.0 | 254.5 | 584.0 | 247.7 | 336.3 | -329.5 | - | - |
in per cent | 3.9 | 2.5 | 2.5 | 0.0 | - | 0.8 | 0.1 | 2.6 | 44.0 | 31.1 | 63.3 | -3.9 | - | - |
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.