In May, currency reserves, which include currency, deposits and securities, were down EUR 632.6 mln from the previous month, while other reserve assets, which include financial derivatives, receivables on active repo transactions and loans to non-bank non-residents, decreased by EUR 5.1 mln.

Monetary gold reserves stood at EUR 112 mln, down EUR 3 mln from the previous month; reserve positions at the International Monetary Fund were down EUR 6.1 mln at EUR 370 mln, while the value of SDRs at the IMF stood at EUR 13 mln after edging down EUR 1.1 mln.