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Hungary's international reserves drop €71 mln in August

Hungary's international reserves decreased €71 million in August, after an €328 million fall in July, preliminary figures released by the National Bank of Hungary (MNB) on Thursday show.

International reserves stood at €16.223 billion at the end of last month, up €502 million from the end of 2005 and €1.487 billion more than twelve months earlier.
In dollar terms, international reserves stood at $20.84 billion at the end of August, up $61 million in a month and up $2.237 billion from the end of 2005, preliminary figures show.