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MNB international reserves fall EUR 714 mln in October

MNB

Photo by Adriana Iacob/Shutterstock.com

International reserves of the National Bank of Hungary (MNB) stood at EUR 37.56 bln at the end of October, down EUR 714 million from a month earlier, data released by the central bank on Monday show, according to a report by state news wire MTI.

Cash, deposits, and securities in the reserves fell EUR 872 mln to EUR 30.179 mln during the month.

The stock of monetary gold rose EUR 139 mln to EUR 4.675 bln and SDR stock edged down EUR 9 mln to EUR 2.259 bln.

The international reserves were EUR 3.882 bln higher than at the end of December.

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