Croatia's central bank HNB reported on Friday that its gross international reserves at the end of February totaled €19.5 billion, a drop of €200 million from January.

“The mild decrease in gross international reserves was mostly due to a drop in state foreign deposits and fewer repo agreements. Compared to the end of 2020, gross international reserves grew by 600 million kuna or 2.9 percent, similarly as net available reserves, which grew by €500 million or 3 percent, totalling €18.2 billion at the end of the month,” HNB analysts said in the HNB bulletin for March.