Hungary's international reserves at new all-time high

As a result of a EUR 3.75 billion US dollar bond issuance at the end of March, Hungary’s international reserves jumped to an all-time high EUR 35.7 billion in the third month of 2011, according to the central bank (NBH) on Thursday.

portfolio.hu

Diplomacy&Trade online | April 7, 2011

 

Data published by NBH are preliminary figures. Already in the second quarter, Hungary re-offered a USD 500 million batch of USD bonds, which will be reflected in the end-April international figures.

The NBH reports international reserves figures both in USD and EUR. USD numbers show USD 50.734 billion reserves for end-March, up EUR 4 billion from a month earlier. Two thirds of the growth is attributable to a rise in foreign currency reserves and the rest to an increase in other reserve assets. (see chart in the photo gallery)

 

Hungary's international reserves at new all-time high

As a result of a EUR 3.75 billion US dollar bond issuance at the end of March, Hungary’s international reserves jumped to an all-time high EUR 35.7 billion in the third month of 2011, according to the central bank (NBH) on Thursday.

portfolio.hu

Best of Budapest online | April 7, 2011

 

Data published by NBH are preliminary figures. Already in the second quarter, Hungary re-offered a USD 500 million batch of USD bonds, which will be reflected in the end-April international figures.

The NBH reports international reserves figures both in USD and EUR. USD numbers show USD 50.734 billion reserves for end-March, up EUR 4 billion from a month earlier. Two thirds of the growth is attributable to a rise in foreign currency reserves and the rest to an increase in other reserve assets. (see chart in the photo gallery)