MNB intʼl reserves down EUR 858 mln in February

Image by Jessica Fejos

International reserves of the National Bank of Hungary (MNB) stood at EUR 22.556 billion at the end of February, down EUR 857.9 million from the end of the previous month, preliminary data released today shows, cited by state news wire MTI.

The reserves were down EUR 811.9 mln from the end of 2017, MTI reported.

In February, currency reserves, which include currency, deposits and securities, stood at EUR 21.785 bln, down EUR 813.9 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 48.4 mln to EUR 301 mln.

Monetary gold reserves stood at EUR 107 mln, down EUR 0.2 mln from the previous month; reserve positions at the International Monetary Fund (IMF) were up EUR 5.7 mln at EUR 355 mln, while the value of SDRs at the IMF stood at EUR 9 mln, down EUR 1.5 mln.

Figures

VC Investments in CEE at EUR 940 mln in Q2 2024 – Vestbee

World

American Hungarian Diaspora Org Sets Sights on Young People

Energy Trade

Ganz’s Giant Transformer to Connect Hungarian and Eastern European Power Grids

Budapest

Karácsony: Budapest Ready for Flood Wave

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.