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

Feb 29, 2024, 12:38:12 PMArticle by Genta Hodo
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February 29 (SeeNews) - Albania's central bank said on Thursday that the foreign exchange (FX) reserves it held at the end of January totalled $6.16 billion (5.67 billion euro), an increase from $5.4 billion a year earlier.

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

FX reserves decreased 4.6% in January compared with December 2023, the central bank said in a data release.

Details follow (in millions of US dollars):

Jan ‘24 Dec ‘23 Jan ‘23
Total international reserves 6,158 6,454 5,337
FX reserves 5,650 5,946 4,850
- currency and deposits 1,125 1,346 863
- securities 4,524 4,581 3,988
Gold 222 224 187
SDRs 252 250 264
Reserve position in the IMF 35 35 35
Financial derivatives 0.0 0.1 0.1

($ = 0.921 euro)

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