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 | - | - |
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.