Central Bank International Reserves Down by EUR 1.132 Bn

International reserves of the National Bank of Hungary (MNB) stood at EUR 58.732 billion at the end of March, down EUR 1.132 billion from a month earlier, data released by the central bank show.

Stock of cash, deposits and securities in the reserves rose by EUR 2.824 billion to EUR 40.693 billion, while stock of "other reserve instruments" dropped EUR 2.563 billion to EUR 1.670 billion.

The value of monetary gold in the reserves fell EUR 1.431 billion to EUR 14.089 billion.

As the Hungarian business daily Világgazdaság recently reported, Hungary has significantly increased its gold reserves in recent years. In 2024, the centennial year of its founding, the central bank decided to increase the gold reserves from 94.5 tons to 110 tons, taking into account the country’s long-term national and economic strategic goals.

With this move, Hungary has surpassed Romania, for example; the eastern neighbor holds 103.6 tons of gold. This is, incidentally, the first time in modern history that Hungary has held larger gold reserves than Romania.

Stock of IMF SDRs stood at EUR 1.924 billion.

The reserves were EUR 8.489 billion higher than at the end of 2025.