Bosnian c-bank foreign reserves edge up 0.1% m/m at end-July.

By bne IntelliNews September 11, 2012
The gross foreign reserves managed by Bosnias central edged up 0.1% on the month to BAM 5.891bn (EUR 3bn) at the end of July, the bank said in a statement. The gross foreign reserves increased by a monthly 2.76% at the end of June. The increase in July was mainly supported by a 12% monthly jump in investment in foreign securities, which climbed to BAM 3bn. This was, however, compensated to a great extent by the 10.2% monthly drop in deposits with nonresident banks to BAM 2.66bn at end-July. Furthermore, the gross foreign reserves dropped by an annual 4% at end-July after shrinking 3.36% a month earlier. The net foreign reserves moved up 0.1% on the month and fell 4% on the year to BAM 5.889bn at end-July.

Related Articles

EUs Sannino invites Bosnian leaders for conciliatory talks on March 22.

The European Commissions director general for enlargement Stefano Sannino has invited the leaders of Bosnias seven main political parties for consultations in Brussels on March 22 in an attempt ... more

Bosnias Serb Republic PPI, CPI inflation eases in Feb 2013.

Growth of consumer prices in Bosnias Serb Republic eased to 0.9% y/y in February from 1.5% y/y in January, as the annual decline of clothing and footwear prices widened, the entitys statistics ... more

Bosnias Federation fails to sell 67% of engineering company Hidrogradnja.

Bosnias Federation has failed to sell its 67% stake in engineering company Hidrogradnja due to lack of investor interest, the entitys privatisation agency said in a statement. The remaining 33% ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss