2007-04-06
Official Reserve Assets, March 2007Official reserve assets decreased in March by 4.8 per cent
At the end of March 2007 official reserve assets made up LTL 14.6 billion (EUR 4.2 billion, USD 5.6 billion). In the course of one month they decreased by LTL 0.7 billion, i.e. 4.8 per cent.
The contraction of the official reserve assets was determined by the decline of deposits of the central government with the Bank of Lithuania and Bank of Lithuania external liabilities of LTL 994.4 million and LTL 235.7 million, respectively, and the decrease of other factors of LTL 6.5 million.
The official reserve assets were pushed up by an increase in currency in circulation and in deposits of other monetary financial institutions with the Bank of Lithuania of LTL 272.6 million and LTL 223.9 million, respectively.