Basically 0 reserves in Canada
Story Filed: Thursday, July 05, 2001 9:17 AM EST
WINNIPEG, MB, Jul 05, 2001 (Resource News International via COMTEX) -- The Canadian government sold no gold from the country's international reserves in June, the Canadian Department of Finance reported July 5.
As of June 30, national gold reserves stood at 1.2 million ounces.
The gold in reserve was valued at US$315 million.
Canada's total international reserves, which include US dollars, other foreign currencies, special drawing rights and a reserve position in the IMF, was US$33.015 billion on June 30, down from the US$33.261 billion a month earlier. At the same time last year, total reserves were US$30.160 billion.
Resource News International |