The frame for preparation of the data templates is built on two related concepts: international reserves and foreign currency liquidity.
The data reflect the stock of official reserve assets and other foreign assets of the NBRNM, at a certain date. Official reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting the balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and/or for other related purposes. Other foreign currency assets cover the monetary authorities’ foreign currency assets that do not fulfil the requirements of being included into the official reserve assets.
Foreign currency liquidity is broader than international reserves. The concept of foreign currency liquidity refers to (1) to the foreign currency resources at the disposal of the authorities (monetary authority and central government) that readily can be mobilized to meet demand for foreign exchange; (2) short-term foreign currency liabilities and off-balance-sheet activities of the authorities through predetermined and contingent (potential) net-outflows of foreign currency on this basis.
At the end of September 2020, foreign reserves amounted to Euro 3,480.2 million. The largest part of the foreign reserves are placed in Securities (76.3%), followed by Currency and Deposits (13.5%) and Monetary Gold (10.2%).
Archive on International Reserves and Foreign Currency Liquidity
For more detailed information on the released statistical data, please contact us at [email protected] or+389 2 3215 181 ext.103 (or 110/108)