Bank of Lithuania
2005-04-07

At the end of March 2005 international reserves made up LTL 9,576.2 million (EUR 2,773.5 million, USD 3,594.0 million). Over one month they increased by LTL 42.7 million, i.e. 0.4 per cent.

The reserves increased because of a higher balance of funds of credit institutions with the Bank of Lithuania (LTL 63.3 million) and higher other net liabilities (LTL 20.2 million).

Factors decreasing international reserves were lower Bank of Lithuania foreign liabilities (LTL 22.6 million), a contraction of central government deposits at the Bank of Lithuania (LTL 13.3 million) and a decline of the volume of currency issued by the Bank of Lithuania (LTL 4.9 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
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 - -
03/2005 3,594.0 2,773.5 9,576.2 211.7 0.186 0.3 0.1 9,364.2 866.5 395.5 471.1 8,497.7 - -
03 - 02/2005
Change: in millions -50.2 12.4 42.7 -0.6 - 0.0 0.0 43.3 162.6 -193.5 356.1 -119.4 - -
in per cent -1.4 0.4 0.4 -0.3 - 0.4 0.4 0.5 23.1 -32.9 309.9 -1.4 - -

 

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.