MNB Int'l Reserves Fall EUR 351 mln in August

MNB

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International reserves of the National Bank of Hungary (MNB) stood at EUR 39.613 billion at the end of August, down EUR 351 million from a month earlier, state news wire MTI reports, citing data published by the central bank on Thursday.

The stock of cash, deposits, and securities in the reserves fell EUR 901 mln to EUR 28.106 bln, while stock of "other reserve instruments" rose EUR 509 mln to EUR 3.454 bln.

There was EUR 5.431 bln of monetary gold in the reserves and EUR 2.254 bln of IMF SDRs.

The international reserves were EUR 904 mln over their level at the end of 2022.

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