MNB intʼl reserves down by EUR 394 mln in September

MNB

International reserves of the National Bank of Hungary (MNB) stood at EUR 28.368 billion at the end of September, down EUR 393.8 mln from the end of the previous month, preliminary data released Monday show, state news wire MTI reported.

The reserves were up EUR 965 mln from the end of 2018.

In September, currency reserves, which include currency, deposits and securities, stood at EUR 26.348 bln, down EUR 190 mln from the previous month.

Other reserve assets, which contain financial derivatives, receivables on active repo transactions and loans to non-bank non-residents, decreased EUR 185 mln to EUR 265 mln.

Monetary gold reserves stood at EUR 1.378 bln, down EUR 21.7 mln from the previous month. Reserve positions at the International Monetary Fund (IMF) were up EUR 2.0 mln at EUR 373 mln, while the value of SDRs at the IMF was unchanged at EUR 3 mln.

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