International Reserves (July, 2003)
At the end of July 2003, international reserves made up LTL 8,290.9 million (EUR 2,401.2 million or USD 2,745.7 million).In the course of one month they decreased by LTL 90.0 million, i.e. 1.1 per cent.
The main reason behind the decrease of international reserves was net purchase of the anchor currency by commercial banks from the Bank of Lithuania of LTL 131.2 million.Operations of the Bank of Lithuania with central government institutions reduced the reserves by LTL 30.0 million.The reserves were pushed up by LTL 60.8 million by repurchase transactions with non-residents 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||Currency and deposits||Securities||Financial
and the BIS
|07 - 06/2003|
|in per cent||-1.1||-1.1||-1.1||3.1||-||236.2||-0.3||-1.2||-3.8||-11.2||-1.8||-0.8||-||-|
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.