OREANDA-NEWS. On 14 April 2009 was announced, that at the end of March 2009, official reserve assets made up LTL 14.9 billion (EUR 4.3 billion). In the course of March they increased by LTL 171.8 million, i.e. 1.2 per cent.

The increase in reserve assets was determined by the increase in central government deposits with the Bank of Lithuania of LTL 1.2 billion. The growth of official reserve assets was offset by a contraction of currency in circulation of LTL 666.6 million and a decline in other factors of LTL 248.1 million. Official reserve assets were also pushed down by the decline in external liabilities of the Bank of Lithuania and deposits of other monetary financial institutions with the Bank of Lithuania of LTL 41.5 million and LTL 32.3 million, respectively.

The data on official reserve assets for April 2009 will be released on 8 May 2009.