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Albania

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Fortenova sells agri unit to Podravka for 333 mln euro

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Albania’s c-bank FX reserves rise 7% y/y in April

May 31, 2024, 11:33:45 AMArticle by Genta Hodo

May 31 (SeeNews) - Albania's central bank said on Friday that the foreign exchange (FX) reserves it held at the end of April totaled $5.3 billion (4.87 billion euro), up from $4.97 billion a year earlier.

Albania’s c-bank FX reserves rise 7% y/y in April

On a monthly comparison basis, FX reserves fell 5% in April, the central bank said in a data release.

Details of Albania's international reserves follow (in millions of US dollars):

	April ‘24	March ‘24	April ‘23
Total international reserves	5,815	6,055	5,432
FX reserves	5,271	5,532	4,970
- currency and deposits	761	1,015	670
- securities	4,509	4,517	4,244
Gold	249	241	215
SDRs	260	246	267
Reserve position in the IMF	35	35	35
Financial derivatives	0.0	0.0	0.0

($ = 0.923 euro)

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Bulgaria Economy Report Q4 2023

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Fortenova sells agri unit to Podravka for 333 mln euro

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