Bosnias foreign reserves down 0.3% m/m at end-September 2011.

By bne IntelliNews November 4, 2011
The gross foreign reserves managed by Bosnias central bank decreased by 0.3% m/m to BAM 6,243.5mn (EUR 3,192.3mn) as of end-September 2011, reversing a 2% m/m increase at end-August, according to data from the bank. In annual terms, the gross foreign reserves dropped by 0.2% at end-September, a narrower decrease than the 1.7% decline a month earlier. The net foreign reserves moved down 0.3% m/m and 0.2% y/y to BAM 6,242.4mn at end-September. The net free reserves dropped by 0.9% m/m but increased by 3.4% y/y to BAM 498.3mn.
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