UK Intl. Reserves Increase In September

Sponsored Links

The UK government gross reserves stood at US$ 65.745 billion at the end of September, up from US$ 64.203 billion at the end of August, the HM Treasury said on Monday.

At the same time, the net reserves increased to US$ 32.025 billion from US$ 30.360 billion.

The report said that the Bank of England's net holdings of foreign currency and gold rose by US$19 million in September 2009 bringing the end- September total to US$1 million compared with a Minus US$ 18 million in August.

The UK government gross reserves stood at US$ 65.745 billion at the end of September, up from US$ 64.203 billion at the end of August, the HM Treasury said on Monday. (Market News Provided by RTTNews)