MNB intʼl reserves rise EUR 109 mln in April

MNB

International reserves of the National Bank of Hungary (MNB) stood at EUR 23.168 billion at the end of April, up EUR 109 million from the end of the previous month, preliminary data released Monday show.  

The reserves have fallen EUR 201 mln from the end of 2017, and are down by EUR 1.210 bln on a year earlier, state news agency MTI reported. There were no FX-denominated government bond expiries last month, it added.

Currency reserves, which include currency, deposits and securities, stood at EUR 22.562 bln at the end of April, up EUR 201 mln from a month earlier. Other reserve assets, which contain financial derivatives, receivables on active repo transactions and loans to non-bank non-residents, decreased by EUR 97 mln to EUR 132 mln.

Monetary gold reserves stood at EUR 108 mln, up EUR 1 mln from the previous month, while Hungaryʼs reserve position at the International Monetary Fund was up EUR 4 mln at EUR 358 mln. The value of SDRs at the IMF was unchanged at EUR 9 mln.

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