MNB’s international reserves up €1.028 bln in November

MNB

Jessica Fejos

International reserves of the National Bank of Hungary (MNB) saw a month-on-month rise of €1.028 billion, reaching €33.140 bln by the end of November, preliminary data released by the central bank show, according to Hungarian news agency MTI.

(Photo: Jessica Fejos)

However, as compared to the end of last year, the reserves were down €1.438 bln, data by MNB suggest.

Foreign currency reserves were up €505 million in November as compared to the previous month, while other reserves were up by a month-on-month €525 million in November, MNB reportedly said. Monetary gold reserves stood at €99 mln, reserve positions at the International Monetary Fund at €96 mln and the value of SDRs at the IMF at €16 mln, MTI reported.

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