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Tuesday, May 22, 2007
FOREX: ECB Reserves Rise EUR800 mln in May 18 Week
ECB reserves have risen EUR800 mln in the week of May 18th to EUR146.3 bln, up from EUR144.7 bln at the March end quarterly revaluation. Gold reserves have declined by EUR280 mln due to sales by three Eurosystem central banks. Gold reserves have now declined for 130 out of the last 136 weeks.
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