11 OVERALL BOP POSITION: TRANSACTIONS IN RESERVE ASSETS AND LIABILITIES
	in million U.S. dollars
						2011 p																Q4			Growth Rate %			Jan-Dec			Growth Rate %
						Jan	Feb	Mar	Q1	Apr	May	Jun	Q2	Jul	Aug	Sep	Q3	Oct	Nov	Dec		2011 p	2010 r		2011 p	2010 r		2011 p	2010 r		2011 p	2010 r
	CHANGE IN NET RESERVES					1606	-133	2020	3493	1084	217	222	1523	1267	2719	719	4705	208	364	-114		458	7865		-94.2	289.7		10179	14308		-28.9	122.8
	CHANGE IN RESERVE ASSETS					1609	-130	2024	3503	1088	220	205	1513	1271	2721	723	4715	212	367	-132		447	7853		-94.3	466.6		10178	14307		-28.9	191.3
		Monetary  gold				-71	-107	-113	-291	-187	-56	74	-169	-617	-1064	863	-818	1	0	790		791	-1233		164.2	-418.1		-487	-1235		60.6	-44.6
		Special drawing rights				0	0	0	0	0	0	0	0	0	7	0	7	0	0	0		0	0		0.0	0.0		7	0		0.0	-100.0
		Reserves position in the Fund				99	0	0	99	0	9	0	9	83	0	2	85	0	0	32		32	117		-72.6	0.0		225	117		92.3	0.0
		Foreign Exchange				1581	-23	2137	3695	1275	267	131	1673	1805	3778	-142	5441	211	367	-954		-376	8969		-104.2	452.3		10433	15425		-32.4	232.5
			Currency and deposits			-1945	423	-952	-2474	2891	695	-1897	1689	-1508	1349	-712	-871	604	-328	-2919		-2643	2527		-204.6	1404.2		-4299	3899		-210.3	-24.2
				With monetary authorities					0				0				0					0	0		0.0	0.0		0	0		0.0	0.0
				With banks					0				0				0					0	0		0.0	0.0		0	0		0.0	0.0
			Securities			3526	-446	3089	6169	-1616	-428	2028	-16	3313	2429	570	6312	-393	695	1965		2267	6442		-64.8	342.4		14732	11526		27.8	2368.9
				Equities		0	0	0	0	0	0	0	0	0	0	0	0	0	0	0		0	0		0.0	0.0		0	0		0.0	0.0
				Bonds and notes		3526	-446	3089	6169	-1616	-428	2028	-16	3313	2429	570	6312	-393	695	1965		2267	6442		-64.8	342.4		14732	11526		27.8	2368.9
				Money market instruments		0	0	0	0	0	0	0	0	0	0	0	0	0	0	0		0	0		0.0	0.0		0	0		0.0	0.0
					and financial derivatives
		Other claims				0	0	0	0	0	0	0	0	0	0	0	0	0	0	0		0	0		0.0	0.0		0	0		0.0	0.0
	CHANGE IN RESERVE LIABILITIES					3	3	4	10	4	3	-17	-10	4	2	4	10	4	3	-18		-11	-12		8.3	98.1		-1	-1		0.0	99.9
		Use of Fund Credit and loans				0	0	0	0	0	0	0	0	0	0	0	0	0	0	0		0	0		0.0	0.0		0	0		0.0	0.0
		Short-term				3	3	4	10	4	3	-17	-10	4	2	4	10	4	3	-18		-11	-12		8.3	98.1		-1	-1		0.0	99.9
	Notes:   Balance is derived by deducting liabilities from assets.
	p -  Preliminary