N. Macedonia’s c-bank FX reserves down 12.5% y/y in July

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N. Macedonia’s c-bank FX reserves down 12.5% y/y in July

SKOPJE (N. Macedonia), August 8 (SeeNews) - The foreign exchange reserves held by North Macedonia's central bank totalled 2.8 billion

SKOPJE (N. Macedonia), August 8 (SeeNews) – The foreign exchange reserves held by North Macedonia’s central bank totalled 2.8 billion euro ($2.9 billion) at the end of July, down 12.5% year-on-year, official figures showed on Monday.

On a monthly comparison basis, the central bank’s FX reserves increased 3.6% in July, it said in a data release.

Following are details on the international reserves held by North Macedonia’s central bank (in millions of euro):

July ’22 June ’22 July ’21
Total international reserves 3,196.59 3,116.11 3,547.55
FX reserves 2,812.97 2,734.00 3,204.78

– currency and deposits

566.82 451.24 489.69
– securities 2,246.16 2,282.75 2,715.09
Monetary gold 382.07 382.00 340.59
SDRs 1.55 0.11 2.18
Reserve position in the IMF 0 0 0

– currency and deposits

($ = 0.98161 euro)

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