The Baltics Today

Lithuania’s official reserve assets up by EUR 232 mln in June

In June 2014, the build-up of the current account balance (CAB) in surplus (LTL 694.8 million, or EUR 201.2 million) was driven by declines in the trade and primary income balances deficits. The positive financial account balance (LTL 627.6 million, or EUR 181.8 million) was due to the large positive flow of net portfolio investment and of the growing official reserve assets, said the Bank of Lithuania in a statement, cites LETA/ELTA.... Read more...

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