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
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The EU should act in a united fashion to tackle the financial market crisis, and Member States should avoid unilateral steps which cause problems for their neighbours, according to most of the MEPs taking part in the debate on next week's EU summit and the financial turmoil.
more »
Following the decision by the Economic and Financial Affairs Council (ECOFIN), the Government of Lithuania raises deposit guarantee protection for individuals from EUR 22,000 up to EUR100,000, demonstrating the credibility of Lithuanian finance sector and safety of deposits at financial institutions.
more »
As banks tumble like bowling pins and confidence plummets, Thursday sees MEPs consider whether to back wider financial regulation.
more »
On 6 October, the Embassy of Latvia to Lithuania received a reply to the note of Latvian Ministry of Foreign Affairs regarding the ruling of Vilnius District Court pertaining to the Latvian company airBaltic and Riga’s airport on the basis of the request of the Lithuanian company flyLAL.
more »
Lithianian Development Agency in cooperation with the Lithuanian Embassy to the United Kingdom of Great Britain and Northern Ireland as well as Alro Group, a real estate investment consultant, based in London, present “The Lithuanian Economic Forum” which will take place on October 8 in London.
more »
Italian Prime Minister Silvio Berlusconi thinks that the closedown of Ignalina NPP might be postponed and affirmed this opinion to Lithuanian Prime Minister Gediminas Kirkilas who is presently on a working visit to Rome.
more »
Open Collaboration Portfolio Integrates Cisco Unified Communications, Cisco TelePresence and Cisco WebEx.
more »
Wincor Nixdorf's portfolio of software solutions for the branch business of postal services providers, PC/E Postal Solution Suite, has been newly structured and expanded to include additional functionalities.
more »
Session to Focus on How Enterprises Can Proactively Reduce Risk.
more »
The revised GDP growth rate in II quarter 2008 equalled 5.2 per cent.
more »