At the end of June 2003, official international reserves of Bank of Lithuania made up LTL 8,380.8 million
Published:
20 July 2003 y., Sunday
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.
The main reason for the increase of the official reserves was Bank of Lithuania operations with commercial banks and the central government. Net purchase of foreign exchange by the Bank of Lithuania from commercial banks was LTL 156.6 million in June. Reserves were also boosted by the net income of the Bank of Lithuania from investment in foreign exchange and the strengthening of the US dollar against the litas.
The official reserves were pushed down by LTL 30.2 million by repurchase transactions with non-residents.
Šaltinis:
lb.lt
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