Tuesday December 2, 02:21 PM
ECB-Gold reserves down by 115 mln euros in wk
FRANKFURT, Dec 2 (Reuters) - Gold and gold receivables held by euro zone central banks fell by 115 million euros to 220.011 billion euros ($278.2 billion) in the week ending Nov. 28, the European Central Bank said on Tuesday.
Net foreign exchange reserves in the Eurosystem of central banks rose by 8.6 billion euros to 349.5 billion euros, the ECB said in its regular weekly consolidated financial statement.
Gold holdings fell because of sales by two euro zone central banks, consistent with the 2004 Central Bank Gold Agreement, the ECB said.
For details of the report, please see the website: http://www.ecb.int/press ($1=.7908 Euro) Keywords: ECB/RESERVES
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