Are you sure?

Hungary international reserves grew in November

Hungary's international reserves stood at €30.852 billion at the end of November, up €441 million from a month earlier after a drop €192 million in October and a rise of €250 million in September, preliminary National Bank of Hungary (MNB) figures published on Monday show.

Foreign currency reserves grew by €556 million to €28.663 billion while SDRs decreased by €50 million to €1.015 billion and IMF reserve position remained unchanged at €79 million. Other reserve assets decreased by €72 million to €1.018 billion.

Total reserves at the end of November were up €6.812 billion from the end of last year and rose €7.976 billion from a year earlier.

In dollar terms, Hungary's international reserves stood at $46.413 billion at the end of November, up $1.303 billion in a month after rising 336 million in October. It was up $12.539 billion from the end of last year and up $16.981 billion from the end of November 2008. (MTI-ECONEWS)