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Albania’s c-bank FX reserves rise 23% y/y in Oct

Dec 1, 2023, 4:27:12 PMArticle by Genta Hodo
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December 1 (SeeNews) - Albania's central bank said that the foreign exchange (FX) reserves it held at the end of October totalled $5.5 billion (5.06 billion euro), up from $4.5 billion a year earlier.

Albania’s c-bank FX reserves rise 23% y/y in Oct
Photo: SeeNews

Compared with September, the central bank's FX reserves edged down 1.77% in October, the central bank said in a data release on Thursday.

Details follow (in millions of US dollars):

Oct ‘23 Sept ‘23 Oct ‘22
Total international reserves 6,031 6,080 4,927
FX reserves 5,522 5,600 4,471
- currency and deposits 1,105 1,057 715
- securities 4,417 4,543 3,756
Gold 217 201 160
SDRs 257 244 262
Reserve position in the IMF 34 34 33
Financial derivatives 0.1 0.1 0.1

($ = 0.920 euro)

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