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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Romania cbank FX reserves drop to 26 bln euro

Posted on 03 February 2009

From Iii.co.uk: The Romanian central bank’s hard currency reserves fell by around 200 million euros in January, signalling potential central bank intervention in currency markets to support the leu, analysts said.

The bank said hard currency reserves, excluding 103.7 tonnes of gold, fell to 26 billion euros ($33 billion)….. Full Article: Source


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