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U.K. Net Reserves Decline In June
(RTTNews) - U.K.’s government net reserves fell $297 million in June to bring the end-June total to $29.76 billion. It compares with $30.06 billion at end-May.
Gross reserves totaled $52.64 billion at end-June, down from GBP 54.38 billion at end-may.
Bank of England net holdings of foreign currency and gold fell by $5 million in June bringing the end-June total to a negative $1 million, compared with $4 million at end-May.
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Posted in Categories: Economy, Releases, Stocks, UK.
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