Bank of Lithuania
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Official Reserve Assets, May 2007In May, official reserve assets decreased by 5.1 per cent

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2007-06-07

At the end of May 2007, official reserve assets made up LTL 14.7 billion (amount equal to EUR 4.3 billion or USD 5.7 billion). In the course of one month they went down by LTL 0.8 billion, i.e. by 5.1 per cent.

Official reserve assets grew as a result of a decrease of the deposits of central government and other MFIs with the Bank of Lithuania respectively by LTL 757.7 million and LTL 486.4 million, and a decline of currency in circulation by LTL 119.2 million.

At the same time, official reserve assets were forced up as a result of an increase of external liabilities of the Bank of Lithuania and other factors by LTL 357.1 million and LTL 209.4 million, respectively.