- A decrease of 131.0 million lats or 6.2% in foreign assets mostly on account of the Bank of Latvia interventions by selling foreign currency in the amount of 107.7 million lats, a decrease in the funds deposited by the Latvian government and a change in the lats equivalent of financial instruments.
- A decrease of 7.5 million lats or 30.3% in foreign liabilities, mostly on account of a reduction in the European Commission funds deposited with the Bank of Latvia
- A decrease of 106.3 million lats or 26.5% in domestic assets, following a 103.3 million lats fall in loans granted to credit institutions.
- A drop of 172.6 million lats or 12.3% in domestic liabilities as a result of 143.2 million lats and 10.3 million lats decreases in the respective balances of the government funds and credit institutions' funds with the Bank of Latvia.
- On the liabilities side of the balance sheet, the amount of lats in circulation decreased by 66.5 million lats or 8.1% mainly due to the above changes.
- An increase of 9.2 million lats in the capital and reserves on account of the net interest income received in June and the realised gains from investment in financial instruments.
Vilnis Purvins
Deputy Head of Macroeconomic Analysis Division
Monetary Policy Department
Bank of Latvia