2004-12-07
At the end of November 2004, international reserves made up LTL 9,615.6 million (EUR 2,784.9 million, USD 3,689.7 million). Over one month they increased by LTL 119.3 million, i.e. 1.3 per cent.
The main reason behind the increase was the foreign exchange operations of the Bank of Lithuania with central government institutions, which pushed the reserves up by LTL 229.0 million, and an LTL 89.4 million increase of Bank of Lithuania repurchase transactions with non-residents. The international reserves were pushed down by LTL 191.7 million owing to Bank of Lithuania foreign exchange transactions with commercial banks. Net purchase of foreign exchange by commercial banks from the Bank of Lithuania amounted to USD 194.4 million in November.
| (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 | |||||||||||||
| 10/2004 | 3,502.4 | 2,750.3 | 9,496.3 | 214.7 | 0.186 | 0.9 | 0.1 | 9,280.7 | 1,123.4 | 755.4 | 367.9 | 8,157.3 | - | - | |
| 11/2004 | 3,689.7 | 2,784.9 | 9,615.6 | 218.9 | 0.186 | 0.2 | 0.1 | 9,396.4 | 1,628.2 | 827.7 | 800.5 | 7,768.2 | - | - | |
| 11 - 10/2004 | |||||||||||||||
| Change: | in millions | 187.3 | 34.5 | 119.3 | 4.2 | - | -0.7 | 0.0 | 115.8 | 504.9 | 72.3 | 432.6 | -389.1 | - | - |
| in per cent | 5.3 | 1.3 | 1.3 | 1.9 | - | -74.6 | -2.2 | 1.2 | 44.9 | 9.6 | 117.6 | -4.8 | - | - | |
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.