Official Reserve Assets of Bank of Lithuania for April Announced
OREANDA-NEWS. May 12, 2008. At the end of April 2008, official reserve assets made up LTL 16,3 billion (EUR 4,7 billion or USD 7,3 billion). In April, they increased by LTL 591,1 billion, i.e. 3,8 percent, reported the press-centre of Bank of Lithuania.
The increase of reserve assets was driven by the growth of currency in circulation and deposits of other MFIs with the Bank of Lithuania respectively by LTL 368 million and LTL 262,3 million.
Official reserve assets were also pushed up by an increase of external liabilities of the Bank of Lithuania and central government deposits with the Bank of Lithuania by LTL 85.3 million and LTL 61 million, respectively.
Meanwhile, a change in other factors made official reserve assets go down by LTL 185.4 million.
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