May 8 (SeeNews) - The foreign exchange assets of the Bulgarian central bank's Issue Department totalled 29.06 billion levs ($19.47 billion/14.86 billion euro) on April 30, up 2.5% from the previous week, central bank data indicated.
April 30 was the last working day from the previous week in Bulgaria due to Labour Day and Easter holidays.
Following are details from the Issue Department's balance sheet as issued by the central bank on Tuesday (in millions of levs):
|
Apr 30'13 |
Apr 26'13 |
Dec 28'12 |
TOTAL ASSETS |
29,061.619 |
28,352.839 |
30,418.045 |
FX cash and nostro accounts |
6,307.908 |
6,156.916 |
9,376.167 |
Monetary gold and other monetary gold instruments |
2,828.993 |
2,822.183 |
3,162.928 |
Investments in securities |
19,924.718 |
19,373.740 |
17,878.950 |
TOTAL LIABILITIES |
29,061.619 |
28,352.839 |
30,418.045 |
Currency in circulation |
9,234.298 |
8,992.511 |
9,549.92 |
Liabilities to banks |
7,340.102 |
6,560.267 |
7,843.045 |
Liabilities to government and government budget institutions |
5,104.811 |
5,320.462 |
5,811.193 |
Liabilities to other depositors |
1,817.464 |
1,817.597 |
1,223.797 |
Banking department deposit |
5,564.944 |
5,662.002 |
5,990.089 |
Since July 1997, Bulgaria has been operating an IMF-prescribed currency board system, a tight monetary arrangement that ties the level of cash in circulation to the amount of central bank reserves. The fixed exchange rate of the Bulgarian currency under this system is 1.95583 levs per euro.