TABLE-Slovak c.bank forex reserves jump after intervention

30.03.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

March 30 (Reuters) - The Slovak central bank's (NBS) foreign currency reserves jumped to $16.587 billion as of March 28 from $14.771 billion...

...the previous week, the bank said on Friday. 
    The NBS did not give a reason for the rise, but it came 
during the period when it intervened directly on the foreign 
exchange market to weaken the crown from its record of 32.710 
per euro . 
    Dealers have estimated the central bank had bought as much 
as 2 billion euros. 
    The bank is expected to report the size of its interventions 
after a board meeting on April 27. 
     
SLOVAK FOREIGN RESERVES    MARCH 28    MARCH 21   MARCH 14 
 ($ million) 
 Central Bank              16,587.4    14,770.9   14,721.3 
 Commercial banks           3,439.5     4,236.9    3,210.4 
 Total banking sector      20,026.9    19,007.8   17,931.7 
     
    NOTE: Reserves data are calculated according to methodology 
compatible with European Central Bank standards. 
    (Reporting by Martin Santa in Bratislava) 
     
  Keywords: SLOVAKIA RESERVES/  
    

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