OREANDA-NEWS. June 06, 2008. At the end of May 2008, official reserve assets made up LTL 15,2 billion (EUR 4,4 billion or USD 6,9 billion). In May, they decreased by LTL 1,04 billion, i.e. 6,4 percent, reported the press-centre of Bank of Lithuania.

The decrease of reserve assets was driven by the decline of central government and other MFIs deposits with the Bank of Lithuania respectively by LTL 453,2 million and LTL 401,6 million. Official reserve assets were also pushed down by the decline in currency in circulation and other factors by LTL 208,7 million and LTL 45,7 million, respectively.

The decrease in official reserve assets was partially offset by an increase of LTL 73 million in external liabilities of the Bank of Lithuania.