OREANDA-NEWS. December 08, 2008. At the end of November 2008, official reserve assets made up LTL 14.8 billion (EUR 4.3 billion). In November, they decreased by LTL 1.8 billion, i.e. by 10.6%, reported the press-centre of Bank of Lithuania.

Official reserve assets declined due to a decrease in deposits of other MFIs and central government with the Bank of Lithuania respectively by LTL 1,140.4 million and LTL 463.1 million. A decrease of LTL 123.3 million in currency in circulation and a drop of LTL 54.2 million in external liabilities of the Bank of Lithuanian contributed to the decline in official reserves too.

The contraction of the official reserve assets was slightly offset by other factors that increased by LTL 28.8 million.

Data for official reserve assets in December 2008 will be released on 8 January 2009.