ECB-forex reserves almost unchanged at 260.9 bln

The European Central Bank said on Jan. 30, 2001, foreign currency reserves of the euro zone central banks in the week ending January 26 were "virtually unchanged," while its gold holdings were also unchanged. The net position of the ECB and euro zone central banks in foreign exchange reserves totalled 260.9 billion euros at the end of the reporting week, the same level as reported the week before, the ECB said.

Gold reserves totalled 118.611 billion euros, the bank said in its regular weekly

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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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