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ECB Gold reserves fall by 22m euros in one week

The European Central Bank said Tuesday that Gold and gold receivables held by euro zone central banks fell by 22 million euros to 351.948 billion euros in the week ending Sept. 17

Posted: Tuesday , 21 Sep 2010

FRANKFURT (Reuters) - 

Gold and gold receivables held by euro zone central banks fell by 22 million euros to 351.948 billion euros in the week ending Sept. 17, the European Central Bank said on Tuesday.

Net foreign exchange reserves in the Eurosystem of central banks rose by 0.5 billion euros to 191.6 billion euros, the ECB said in its regular weekly consolidated financial statement.

Gold holdings fell because of sale by 1 euro zone central banks, consistent with the 2009 Central Bank Gold Agreement, the ECB said.

Its balance sheet total 1.97 trillion euros, the figures showed.

For details of the report, please see the website: www.ecb.int/press

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