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Albania’s c-bank FX reserves up 15% y/y in Feb

Mar 29, 2024, 11:14:19 AMArticle by Genta Hodo
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March 29 (SeeNews) - Albania's central bank said on Friday that the foreign exchange (FX) reserves it held at the end of February totalled $6.05 billion (5.61 billion euro), an increase from $5.3 billion a year earlier.

Albania’s c-bank FX reserves up 15% y/y in Feb

FX reserves decreased 1.7% in February compared with January, the central bank said in a data release.

Details follow (in millions of US dollars):

Feb ‘24 Jan ‘24 Feb ‘23
Total international reserves 6,047 6,158 5,263
FX reserves 5,544 5,650 4,799
- currency and deposits 963 1,125 712
- securities 4,581 4,524 4,087
Gold 185 222 222
SDRs 246 252 243
Reserve position in the IMF 35 35 35
Financial derivatives 0.0 0.0 0.1

($ = 0.928 euro)

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