2004-11-08
At the end of October 2004 official international reserves made up LTL 9,496.3 million (EUR 2,750.3 million, USD 3,502.4 million). In the course of one month they increased by LTL 25.2 million, i.e. 0.3 per cent.
The main reason behind the increase was Bank of Lithuania foreign exchange operations with commercial banks, which pushed the reserves up by LTL 415.5 million. Net purchase of the foreign exchange by the Bank of Lithuania from commercial banks was LTL 390.9 million in October. Reserves were pushed down by Bank of Lithuania foreign exchange operations with central government institutions (LTL 197.3 million) and non-residents (LTL 175.8 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 | |||||||||||||
| 09/2004 | 3,379.1 | 2,743.0 | 9,471.2 | 214.8 | 0.186 | 0.2 | 0.1 | 9,256.1 | 1,066.2 | 593.1 | 473.0 | 8,189.9 | - | - | |
| 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 | - | - | |
| 10 - 09/2004 | |||||||||||||||
| Change: | in millions | 123.3 | 7.3 | 25.2 | 0.0 | 0.0 | 0.6 | 0.0 | 24.5 | 57.2 | 162.3 | -105.1 | -32.6 | - | - |
| in per cent | 3.6 | 0.3 | 0.3 | 0.0 | 0.0 | 276.9 | -1.2 | 0.3 | 5.4 | 27.4 | -22.2 | -0.4 | - | - | |
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.