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HomeAlbaniaAlbania's C-Bank FX Reserves Down 2% y/y in May

Albania’s C-Bank FX Reserves Down 2% y/y in May

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Albania’s central bank said on Friday that the foreign exchange (FX) reserves it held at the end of May totaled $4.78 billion (4.4 billion euro), down 2% on an annual comparison basis.

Compared with the previous month, the central bank’s FX reserves were 2.7% lower at the end of May, the central bank said in a data release.

Details follow (in millions of US dollars):

May ’23April ’23May ’22
Total international reserves5,2815,4335,203
FX reserves4,7814,9144,686
– currency and deposits7016701,049
– securities4,0804,2443,637
Monetary gold213215178
SDRs252268304
Reserve position in the IMF353535
Financial derivatives0.10.10.1

($ = 0.9372 euro)

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