International reserves down 3.2% y/y and up 0.6% m/m in June 2020 
Gross international reserves decreased by 3.2% y/y to US$ 3.6bn in June 2020 according to NBG. Meanwhile, reserves were slightly up by 0.6% (+US$ 23mn) on a monthly basis. There were two FX interventions in June, where NBG sold US$ 49.7mn. Other changes in reserves were related to government and banking sector FX operations and/or asset revaluation.