N. Macedonia’s c-bank FX reserves up 22% y/y at end-Aug

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N. Macedonia’s c-bank FX reserves up 22% y/y at end-Aug

September 7 (SeeNews) - North Macedonia's central bank said on Thursday it held foreign exchange reserves worth 3.5 billion euro ($3.

September 7 (SeeNews) – North Macedonia’s central bank said on Thursday it held foreign exchange reserves worth 3.5 billion euro ($3.7 billion) at the end of August, up 21.7% year-on-year.

On a monthly comparison basis, the central bank’s FX reserves rose 4% in August, it said in a data release.

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

August ’23 July ’23 August ’22
Total international reserves 3,934.23 3,801.69 3,285.70
FX reserves 3,537.50 3,401.43 2,907.49
currency and deposits 1,071.99 974.66 541.30
securities 2,465.51 2,426.77 2,366.19
Monetary gold 395.79 393.62 378.06
SDRs 0.94 6.63 0.16
Reserve position in the IMF 0 0 0

($ = 0.933599 euro)

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