2004-02-06
At the end of January 2004, international reserves made up LTL 9,366.6 million (EUR 2,712.8 million, USD 3,392.8 million). In the course of one month they decreased by LTL 161.7 million, i.e. 1.7 per cent.
The main reason behind the decrease was net purchase of the anchor currency by commercial banks from the Bank of Lithuania of LTL 246.5 million. Reserves were pushed up by a LTL 41.2 million increase in commercial bank required reserves in foreign exchange, Bank of Lithuania operations with central government institutions and net inflows of the Bank of Lithuania from investment in foreign currencies.
| (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 | |||||||||||||
| 12/2003 | 3,449.7 | 2,759.6 | 9,528.3 | 214.6 | 0.186 | 0.2 | 0.1 | 9,313.5 | 1,953.5 | 503.9 | 1,449.5 | 7,360.0 | - | - | |
| 01/2004 | 3,392.8 | 2,712.8 | 9,366.6 | 206.3 | 0.186 | 0.9 | 0.1 | 9,159.4 | 1,070.4 | 856.9 | 213.5 | 8,088.9 | - | - | |
| 01 - 12/2003 | |||||||||||||||
| Change: | in millions | -56.8 | -46.8 | -161.7 | -8.3 | - | 0.7 | 0.0 | -154.1 | -883.0 | 352.9 | -1,236.0 | 728.9 | - | - |
| in per cent | -1.6 | -1.7 | -1.7 | -3.9 | - | 412.1 | 0.8 | -1.7 | -45.2 | 70.0 | -85.3 | 9.9 | - | - | |
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.