News (189 page)

At the end of July 2003 broad money M2 made up LTL 16.0 billion.In the course of one month it increased by LTL 386.9 million, i.e. 2.5 per cent, while the annual increase amounted to LTL 2.4 billion, i.e. 18.0 per cent.

At the end of July 2003 reserve money made up LTL 5.6 billion.Over one month it went down by LTL 19.9 million, of which funds on commercial bank correspondent accounts decreased by LTL 53.5 million, while required reserves in foreign currencies...

In June 2003, the Balance of Payments current account balance was negative amounting to LTL 214.7 million. Compared to May, the current account deficit (CAD) widened by LTL 90.4 million, and compared to June 2002, it shrank by LTL 4 million. Such...

At the end of July 2003, international reserves made up LTL 8,290.9 million (EUR 2,401.2 million or USD 2,745.7 million).In the course of one month they decreased by LTL 90.0 million, i.e. 1.1 per cent.

As of 30 July 2003, a new 50 litas commemorative coin dedicated to Vilnius Cathedral is issued into circulation (from the series "Historical and Architectural Monuments of Lithuania").

At the end of June 2003 broad money M2 made up LTL 15.6 billion. In the course of one month it increased by LTL 265.8 million, i.e. 1.7 per cent, while the year-on-year increase amounted to LTL 2.6 billion, i.e. 19.8 per cent.

According to the financial statements for 1 July 2003 total assets of operating domestic commercial banks made up LTL 18 billion, increasing over Q2 by LTL 998 million, i.e. 5.9 per cent.

In May 2003, the Balance of Payments current account balance was negative amounting to LTL 124.2 million. Compared to April, the current account deficit (CAD) narrowed by LTL 503.3 million (more than five times), and compared to May 2002, by 50.8...

At the end of June 2003 reserve money made up LTL 5.6 billion. Over one month it went up by LTL 388.6 million, of which required reserves in foreign currencies, currency in circulation and commercial bank balances on correspondent accounts...

At the end of June 2003, official international reserves made up LTL 8,380.8 million (EUR 2,427.3 million, USD 2,775.7 million). In the course of one month they increased by LTL 192.2 million, i.e. 2.3 per cent.

On Thursday (June 26), Reinoldijus Sarkinas, Chairman of the Board of the Bank of Lithuania, together with other acceding country central bank governors, attended their first meeting of the General Council of the European Central Bank. On the...

Current Account. According to preliminary data, in Q1 2003 the Balance of Payments current account deficit (CAD) made up LTL 448.9 million. Compared to the same period in 2002, the CAD declined by LTL 63.7 million and amounted to 3.7 per cent of GDP.