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National Bank international reserves up in August

MNB

International reserves of the National Bank of Hungary (MNB) stood at EUR 22.366 billion at the end of August, up EUR 59.6 million from the end of the previous month, preliminary data released Thursday show, as reported by state news wire MTI.

The reserves were down EUR 2.017 billion from the end of 2016, MTI reports.

In August, currency reserves, which include currency, deposits and securities, were up EUR 75.4 million from the previous month, while other reserve assets, which contain financial derivatives, receivables on active repo transactions and loans to non-bank non-residents, fell by EUR 14.5 mln.

Monetary gold reserves stood at EUR 109 mln, up EUR 1.9 mln from the previous month, reserve positions at the International Monetary Fund were down EUR 1.7 mln at EUR 357 mln, and the value of SDRs at the IMF stood at EUR 12 mln after edging down EUR 1.3 mln.

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