Stocks Of International Currency Reserves

Movements in UK Government net foreign currency reserves in June meant they increased by $435m to a level of $34.7bn or £23.26m compared with $34.3bn or £23.77bn at the end of May 2010. Gross reserves decreased by $654m to $71.1bn. The Bank of England's net foreign currency and gold holdings decreased by $3.06m to a level of -$3.98m. Gross foreign currency holdings at the Bank of England increased by $876m to reach a level of $24.2bn.