International Reserves, October 2002
At the end of October 2002, international reserves made up LTL 7,847.4 million (USD 2,235.0 million, EUR 2,272.8 million).In the course of one month they increased by LTL 238.3 million, i.e. 3.1 per cent.
The main reason of the increase was net sales of the anchor currency by commercial banks to the Bank of Lithuania of LTL 278.2 million.The international reserves were slightly pushed down by the partial repayment of IMF loans by the Bank of Lithuania and the Ministry of Finance.
|(LTL millions, unless otherwise indicated; end of period)|
|Official reserve assets|
|Total||Currency and deposits||Securities||Financial
and the BIS
|10 - 09/2002|
|in per cent||3.7||3.1||3.1||-2.4||-||-4.5||-0.4||3.5||41.0||-2.5||46.1||-10.8||-||-|
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.