Are you sure?

Hungary's international reserves down €282 mln to €16.397 bln in December

Hungary's international reserves decreased €282 mln in December after €292 mln increase in November, preliminary figures released by the National Bank of Hungary (NBH) show.

The international reserves stood at €16.397 billion at the end of last year, up €676 million from the end of 2005 and €1.432 billion down from its peak in March 2006. In dollar terms, international reserves stood at $21.589 billion at the end of December 2006, down $430 billion in a month and up $2.986 billion from the end of 2005, preliminary figures show. (Mti-Eco)