Bank of Lithuania
2003-11-07

At the end of October 2003, international reserves made up LTL 9,272.9 million (EUR 2,685.6 million, USD 3,134.1 million). In the course of one month they increased by LTL 549.8 million, i.e. by 6.3 per cent.

The main reason behind the decrease of international reserves was net purchase of the anchor currency by the Bank of Lithuania from commercial banks of LTL 336.6 million. The reserves grew by LTL 188.8 million due to foreign exchange operations of the central government at the Bank of Lithuania. The reserves were also pushed up by LTL 22.2 million by Bank of Lithuania repurchase transactions with non-residents and net inflows of the Bank of Lithuania from investment in foreign currencies.

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
09/2003 2,894.8 2,526.4 8,723.0 215.7 0.186 0.2 0.1 8,507.1 1,507.9 228.5 1,279.4 6,999.2 - -
10/2003 3,134.1 2,685.6 9,272.9 211.9 0.186 0.2 0.1 9,060.7 1,507.0 269.4 1,237.7 7,553.7 - -
10 - 09/2003
Change: in millions 239.3 159.2 549.8 -3.9 - 0.0 0.0 553.7 -0.9 40.9 -41.8 554.5 - -
in per cent 8.3 6.3 6.3 -1.8 - -0.3 -0.3 6.5 -0.1 17.9 -3.3 7.9 - -

 

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.