The foreign currency reserves of the NBM in August 2023 decreased, compared to the previous month, by $209.28 million (-4.2%), amounting to $4 billion 817.97 million.
As noted in the National Bank, during the reporting period the decrease in official reserve assets was influenced by the following factors: payments related to the servicing of external public debt: $240.68 million, of which $142.83 million (equivalent to 130.12 million euros) are early repayment of the principal amount and interest on a loan from the European Bank for Reconstruction and Development “Security of Natural Gas Supply”; Ministry of Finance payments: $10.76 million; decrease in exchange rates of currencies included in foreign currency reserves against the US dollar: $26.54 million; revaluation of investment portfolio securities: $0.23 million. At the same time, during the reporting period, the following factors contributed to the increase in official reserve assets: net receipts related to mandatory reserves of licensed banks in foreign currency: $24.16 million; receipt by the Ministry of Finance of loans and grants for the implementation of investment projects: $20.62 million; profit from managing foreign currency reserves: $16.15 million; interventions in the domestic foreign exchange market in the form of foreign currency purchases: $6 million; net proceeds to the Office of Foreign Assistance Program Management: $1.98 million; other net receipts: $0.02 million. As ImfoMarket previously reported, the absolute record for the NBM’s foreign currency reserves was registered on July 28, 2023, when they amounted to $5 billion 057.5 million. // 08.09.2023 — InfoMarket
