Slow bleed out > death of a thousand cuts:
ECB-Gold reserves down by 1 mln euros in wk to Jan 14
T
ue Jan 18, 2011 2:29pm GMT
FRANKFURT Jan 18 (Reuters) - Gold and gold receivables held by euro zone central banks fell 1 million euros to 367.431 billion euros in the week ending Jan. 14, the European Central Bank said on Tuesday.
Net foreign exchange reserves in the Eurosystem of central banks rose by 0.5 billion euros to 180.8 billion euros, the ECB said in its regular weekly consolidated financial statement.
Gold holdings fell because of trades in gold coins by two euro zone central banks, the ECB said.
The size of the balance sheet of the Eurosystem of central banks fell to 1.957 trillion euros.
For details of the report, please see the website: www.ecb.int/press> |
