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Hungary's international reserves up €34 mln in May

Hungary's international reserves stood at €16.884 billion at the end of May, rising €34 million in a month, preliminary figures show.

International reserves rose a similar €35 million in April and jumped €701 million in March. At the end of last month international reserves were up €498 million up from the end of last year and grew €124 million from May 2007.

In dollar terms, Hungary's international reserves stood at $26.144 million at the end of last month compared to $26.177 billion in April. At the end of last year international reserves were $24.050 billion, up $1.520 billion from the end of May 2007. (MTI – Econews)