Banks, Financial Services, Latvia

At the end of June 2012, the Bank of Latvia's external reserves were at EUR 5.199 billion (LVL 3.643 billion), at end-May – EUR 5.39 billion (LVL 3.78 billion), at end-April – EUR 5.24 billion (LVL 3.67 billion), at end-March – EUR 5.37 billion (LVL 3.75 billion), at end-February – EUR 5.4 billion (LVL 3.8 billion), at end-January – EUR 4.7 billion (LVL 3.29 billion), writes LETA.

At the end of December of 2011, the central bank's external reserves were EUR 4.9 billion (LVL 3.4 billion).

The bulk of the Bank of Latvia's external reserves, EUR 5.177 billion (LVL 3.638 billion), was made up of foreign convertible currencies.

At the end of July, the central bank's gold reserves stood at EUR 328.12 million (LVL 230.5 million).

The Bank of Latvia's special drawing rights amounted to EUR 101.48 million (LVL 71.32 million), and reserve position in the International Monetary Fund – to EUR 70,000 (LVL 49,190).