International Reserves (June 2002)
At the end of June 2002, international reserves made up LTL 8,238.3 million (USD 2,348.6 million, EUR 2,386.0 million). In the course of one month they increased by LTL 262.2 million, or 3.3 percent.
The main reason behind the increase was net sales of the anchor currency by commercial banks to the Bank of Lithuania of LTL 527.6 million.Factors acting in the opposite direction included Bank of Lithuania repo transactions with non-residents that declined by LTL 196.0 million, operations with central government institutions and the decline of the US dollar exchange rate against the litas.
|(LTL millions, unless otherwise indicated; end of period)|
|Official reserve assets|
|Total||Currency and deposits||Securities||Financial
and the BIS
|05 - 06 2002|
|in per cent||8.5||3.3||3.3||-7.2||-||-5.5||-1.9||3.9||88.7||-15.7||162.6||-5.6||-||-|
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.