Macedonia’s gross international reserves up 8.4% y/y at end-June

Macedonia’s gross international reserves up 8.4% y/y at end-June
Macedonia’s gross international reserves totalled €2.61bn at end-2016, increasing from €2.26bn at end-2015 / bne intelliNews
By bne IntelliNews July 8, 2017

The gross international reserves of Macedonia's central bank rose by 8.4% y/y to €2.4mn in June, latest NBRM data released on July 7 indicated.

Macedonia’s gross international reserves totalled €2.61bn at end-2016, increasing from €2.26bn at end-2015 when they declined from €2.44bn at end-2014.

The latest central bank data showed that Macedonia’s monetary gold reserves, part of the country’s gross international reserves, decreased to €241mn in June, from €250.3mn in May and from €259.9mn a year ago.

The value of securities in June rose 7.7% y/y to €1.78bn.

At end-June, currency and deposits increased to €372.1mn, from €240.2mn a year ago.

Meanwhile, SDR (special drawing rights) accounted for €4.7mn of gross international reserves at end-June, the same amount as in the previous year.

Data

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