MNB Int'l Reserves Fall EUR 358 mln in May

MNB

International reserves of the National Bank of Hungary (MNB) stood at EUR 39.52 billion at the end of May, down EUR 358 million from a month earlier, data published by the central bank on Wednesday show.

The stock of cash, deposits, and securities in the reserves fell EUR 1.222 bln to EUR 27.703 bln, but the stock of "other reserve instruments" rose EUR 751 mln to EUR 3.558 bln.

The value of monetary gold stood at EUR 5.573 bln and the value of IMF SDRs was EUR 2.31 bln.

The international reserves were EUR 811 mln over their level at the end of 2022.

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