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HNB GOVERNOR:FOREIGN EXCHANGE RESERVES REACH RECORD 3.6 BILLION

ZAGREB, July 19 (Hina) - The newly-appointed Governor of the Croatian National Bank (HNB), Zeljko Rohatinski, on Wednesday said the gross foreign exchange reserves of the central bank totalled the record 3.6 billion dollars yesterday. If you take away the statutory reserves of commercial banks, you'll see that the reserves of the central bank have come to 2.9 billion dollars, he told a news conference.
ZAGREB, July 19 (Hina) - The newly-appointed Governor of the Croatian National Bank (HNB), Zeljko Rohatinski, on Wednesday said the gross foreign exchange reserves of the central bank totalled the record 3.6 billion dollars yesterday. If you take away the statutory reserves of commercial banks, you'll see that the reserves of the central bank have come to 2.9 billion dollars, he told a news conference.#L# This ensures the stability in maintaining the external liquidity, although the country should pay about $670 million of the capital sum of its foreign debts in the second half of this year, the HNB governor explained. Responding to the media comments that key offices in the central bank were taken by some staff according to criteria of political parties, Rohatinski recalled that the First Deputy Governor and Vice Governors are appointed by the national parliament at the proposal of the Governor. It was so done this time. I consulted nobody from political spheres when I proposed persons for some offices in the Bank, Rohatinski added. (hina) mm ms

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