- An increase of 56.6 million lats or 2.1% in foreign assets as a result of the amount of the Bank of Latvia's foreign currency purchases exceeding that of foreign currency repayments under previous currency swaps, an increase in the balance of the government funds in the Bank of Latvia's foreign assets, and an increase in the market value of debt securities.
- An increase of 2.8 million lats or 2.4% in foreign liabilities due to the increase in the lats equivalent of financial derivatives, however, with the decrease in the European Commission funds in foreign currency with the Bank of Latvia.
- Domestic assets did not rise notably over the month, posting a 0.3 million lats or 1.0% fall.
- A rise of 41.9 million lats or 2.9% in domestic liabilities as a result of 62.1 million lats increase and a 26.5 million lats decrease 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 1.3 million lats or 0.1% mainly due to the above changes.
Senior Economist of the Macroeconomic Analysis Division, Monetary Policy Department,
Bank of Latvia