Economic statistics - 01.10.1979, Qupperneq 15
V. Balance of Payments
Table 5. Foreign Reserve Posibon of the Banking System
MUliards of krónur,
end of period
1 Central Bank, net ............................
/ / Gross reserves ................................
111 Gold ................. ......................
112 SDR’s .......................................
113 Gold subscription to IMF ....................
114 Convertible currencies.......................
12 Foreign exchange liabilities .................
121 With IMF.....................................
122 Other .......................................
13 Clearing accounts ............................
2 Commercial banks, net ........................
21 Foreign currency holdings ....................
22 Foreign currency liabilities .................
3 Foreign reserve position of the banking system, net
Conversion rate pr. U.S.S..........................
A ugust
1973 1974 1975 1976 1977 1978 1978 1979
6.6 1.5 -4.4 -1.8 4.3 17.3 -7.8 32.5
8.3 5.7 8.0 15.3 21.3 43.8 16.3 53.3
0.1 0.1 0.2 0.2 0.4 0.6 0.4 0.7
0.6 0.9 1.0 0.4 0.7 0.7 1.2 0.4
0.6 - - - - - - -
7.0 4.7 6.8 14.6 20.2 42.4 14.6 52.1
-0.9 -3.0 -10.6 -17.1 -17.0 -26.5 -24.0 -20.8
- -2.2 -6.3 -12.4 -14.6 -19.6 -17.6 -17.9
-0.9 -0.8 -4.4 -4.6 -2.4 -6.9 -6.4 -2.9
-0.8 -1.2 -1.7 - - - - -
-0.4 0.4 1.0 1.4 1.8 2.9 3.8 3.1
0.4 1.2 1.8 2.3 2.9 4.3 5.8 5.2
-0.8 -0.8 -0.8 -0.9 -1.1 -1.4 -2.0 -2.1
6.2 1.9 -3.4 -0.4 6.1 20.3 -4.0 35.6
83.6 118.3 170.6 189.5 212.8 317.7 259.8 375.7
Table 6. Export Stocks, Export Collections Outslanding and Suppliers‘ Creditsn
Milliards of krónur, end of period 1973 1974 1975 1976 1977 1978 May 1978 1979
1 Export stocks2) . . . . 3.3 6.1 10.1 13.2 24.0 27.6 33.9 50.9
11 Marine products . . . . 2.4 4.8 5.8 9.4 20.2 21.3 29.8 44.6
12 Agricultural products . . . . 0.5 0.3 1.0 I.I 1.4 3.1 0.4 1.1
13 Diatomite . . . . 0 0 0.1 0.1 0 0.1 0 0.2
14 Aluminium . . . . 0.4 1.0 3.2 2.7 2.4 3.1 3.7 5.1
2 Export coliections outstanding . . . . . . . 2.0 3.0 4.7 6.2 9.5 18.8 9.3 10.0
3 Short-term suppliers' credits .... . . . . 3.2 5.9 7.4 10.2 15.6 27.8 22.3 33.5
I) Based on current exchange rates. 2) Based on prices at the end of period.
13