2003-10-07
At the end of September 2003, international reserves made up LTL 8723.0 million (EUR 2,526.4 million, USD 2,894.8 million). In the course of one month they increased by LTL 222.6 million, i.e. by 2.6 per cent.
The main reason behind the increase was central government institution operations in foreign exchange with the Bank of Lithuania and an LTL 130.1 million increase of repo transactions with non-residents. Reserves were also boosted by the net income of the Bank of Lithuania from investment in foreign exchange.