MNB intʼl reserves up EUR 46 mln in January
International reserves of the National Bank of Hungary (MNB) stood at EUR 23.414 billion at the end of January, up EUR 46 million from the end of the previous month, preliminary data released Wednesday show. The reserves were down EUR 1.297 bln from the same time last year.
In January, currency reserves, which include currency, deposits and securities, were down EUR 34.6 mln from the previous month, but other reserve assets, which contain financial derivatives, receivables on active repo transactions and loans to non-bank non-residents, increased by EUR 86.5 mln.
Monetary gold reserves stood at EUR 107 mln, down EUR 0.4 mln from the previous month, while reserve positions at the International Monetary Fund (IMF) were down EUR 5.4 mln at EUR 350 mln. The value of SDRs at the IMF stood at EUR 10 mln, edging down EUR 0.2 mln from December.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.