MNB international reserves fall €15 mln in October
Photo by Jessica Fejos
The National Bank of Hungaryʼs (MNB) international reserves stood at €32.112 bln at the end of October, down €15 mln from the end of the previous month, preliminary data released today show.
(Photo: Jessica Fejos)
The reserves were down €2.466 bln from the end of last year.
In October, foreign currency reserves were up €160 mln from the previous month and other reserve assets fell €180 mln.
Monetary gold reserves stood at €103 mln, reserve positions at the International Monetary Fund at €93 mln and the value of SDRs at the IMF at €16 mln.
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.