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Currency reserves of CBA rises 5.4% since the beginning of year

Currency reserves of CBA rises 5.4% since the beginning of year

04 July 2012 07:34 (UTC +04:00)

CBA told APA that the amount of foreign currency reserves grew by $154.4 mln or 1.4% within June.

Note that, the reserves saw $59.8 mln or 0.6%-decline in May. This was connected with strengthening of dollar against euro during that period.

Remind that, in December, 2011, the amount of currency reserves soared $3.454 bn or 49.2%. This growth was due to purchase of a great sum of currency at the market.

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