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Hungary's international reserves fall €119 mln in October

Hungary's international reserves stood at €14.451 billion at the end of October 2005, falling €119 million from the end of September, according to preliminary figures published by the National Bank of Hungary (MNB) on its website on Tuesday. The central bank's international reserves rose €2.748 billion from the end of 2004 and were up 3.052 billion from the end of September 2004.
In dollar terms, international reserves were worth $17.561 billion at the end of last month, increasing by a slight $42 million from the end of September.
The end of October reserves do not reflect Hungary's late October €500 million foreign bond issue, which was paid for on November 2.