International reserves slightly lower

MNB

jessica fejos

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 24.061 billion at the end of June, down EUR 1.111 bln from the end of the previous month, preliminary data released today shows.

The reserves were up EUR 692 million from the end of 2017, national news agency MTI reported.

In June, currency reserves, which include currency, deposits and securities, were at EUR 23.367 bln, down EUR 1.094 bln from the previous month and other reserve assets, which contain financial derivatives, receivables on active repo transactions and loans to non-bank non-residents, decreased EUR 12 mln to EUR 220 mln.

Monetary gold reserves stood at EUR 106 mln, down EUR 3.9 mln from the previous month, reserve positions at the International Monetary Fund were down EUR 0.2 mln at EUR 361 mln and the value of SDRs at the IMF was unchanged at EUR 7 mln.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Gov't Wants Sustainable Business Model for Magyar Posta Government

Gov't Wants Sustainable Business Model for Magyar Posta

120,000 Guest Workers Employed in Hungary HR

120,000 Guest Workers Employed in Hungary

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

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.