MNB international reserves fall EUR 767 mln in March
The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 24.398 billion at the end of March, down EUR 766.7 million from the end of the previous month, preliminary data released today shows.
The reserves were up EUR 14.3 mln from the end of 2016.
In March, foreign currency reserves were down EUR 998.1 mln from the previous month, but other reserves showed an increase of EUR 235.2 mln.
Monetary gold reserves stood at EUR 115 mln, down from EUR 117 mln, reserve positions at the International Monetary Fund were at EUR 381 mln and the value of SDRs at the IMF at EUR 15 mln.
ADVERTISEMENT
Fitch Upgrades Romania's Outlook to Stable
Hungarian Lawmakers Ratify Finland's NATO Accession
Bureau Veritas Hungary Becomes Certifying Partner of Access4...
HIPA Awards 'Investors of the Year'
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.
