ECB says Eurosystem currency reserves unchanged

The European Central Bank said net foreign currency reserves in the euro system were unchanged at 154.9 bln eur in the week ending Feb 11.

Banknotes in circulation decreased by 0.2 bln eur to 489.8 bln, the ECB said.

The gold position of the euro system fell by 57 mln eur to 125.420 bln.

The euro system includes the ECB and the national central banks of the euro zone.

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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