2005-03-07
At the end of February 2005 international reserves made up LTL 9,533.5 million (EUR 2,761.1 million, USD 3,644.2 million). Over one month they increased by LTL 190.4 million, i.e. 2.0 per cent.
International reserves grew due to the increase of central government deposits at the Bank of Lithuania (LTL 289.3 million), an increase of the volume of currency issued by the Bank of Lithuania (LTL 107.7 million) and higher other net liabilities (LTL 19.7 million).
Reserves were pushed down by the lower balances of credit institutions with the Bank of Lithuania (LTL 115.8 million) and a decline of Bank of Lithuania foreign liabilities (LTL 110.5 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 | |||||||||||||
| 01/2005 | 3,526.9 | 2,706.0 | 9,343.1 | 208.6 | 0.186 | 0.8 | 0.1 | 9,133.6 | 982.0 | 450.0 | 532.0 | 8,151.6 | - | - | |
| 02/2005 | 3,644.2 | 2,761.1 | 9,533.5 | 212.2 | 0.186 | 0.3 | 0.1 | 9,320.9 | 703.9 | 589.0 | 114.9 | 8,617.1 | - | - | |
| 02 - 01/2005 | |||||||||||||||
| Change: | in millions | 117.3 | 55.1 | 190.4 | 3.6 | - | -0.6 | 0.0 | 187.3 | -278.1 | 139.0 | -417.1 | 465.5 | - | - |
| in per cent | 3.3 | 2.0 | 2.0 | 1.7 | - | -67.1 | -0.7 | 2.1 | -28.3 | 30.9 | -78.4 | 5.7 | - | - | |
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.