At the end of June 2005 official international reserves made up LTL 9,896.7 million (EUR 2,866.3 million, USD 3,450.9 million).
In the course of one month they increased by LTL 63.2 million, i.e. 0.6 per cent.
The growth of international reserves was affected by the increase of the volume of currency issued by the Bank of Lithuania (LTL 178.3 million), the net increase of other liabilities of the Bank of Lithuania (LTL 61.9 million) and higher balances of credit institutions with the Bank of Lithuania (LTL 33.2 million).
The factors reducing reserve assets were the decline of central government deposits with the Bank of Lithuania (LTL 182.8 million) and the decrease of other foreign liabilities of the Bank of Lithuania (LTL 27.4 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 | |||||||||||||
| 05/2005 | 3,567.3 | 2,848.0 | 9,833.5 | 213.6 | 0.186 | 0.1 | 0.1 | 9,619.7 | 1,811.3 | 1,066.7 | 744.6 | 7,808.4 | ? | ? | |
| 06/2005 | 3,450.9 | 2,866.3 | 9,896.7 | 232.8 | 0.186 | 0.2 | 0.1 | 9,663.6 | 1,353.3 | 667.7 | 685.6 | 8,310.3 | ? | ? | |
| 06 - 05/2005 | |||||||||||||||
| Change: | in millions | -116.4 | 18.3 | 63.2 | 19.2 | ? | 0.1 | 0.0 | 43.9 | -458.0 | -399.0 | -59.0 | 501.9 | ? | ? |
| in per cent | -3.3 | 0.6 | 0.6 | 9.0 | ? | 61.3 | 2.8 | 0.5 | -25.3 | -37.4 | -7.9 | 6.4 | ? | ? | |
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.