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ECB balance sheet shrinks in week to July 25

Published 29/07/2014, 14:34
ECB balance sheet shrinks in week to July 25

FRANKFURT (Reuters) - The balance sheet of the European Central Bank and the euro zone's national central banks shrank by 18.161 billion euros (14.38 billion pounds) to 2.044 trillion euros in the week that ended on July 25, the ECB said on Tuesday.

The decrease came as banks repaid to the ECB 21.5 billion euros in longer-term refinancing operations.

© Reuters. ECB headquarters are pictured prior to the bank's monthly news conference in Frankfurt

Gold reserves remained unchanged at 334.431 billion euros. Net foreign exchange reserves in the Eurosystem of central banks rose by 0.2 billion euros to 213.3 billion euros, the ECB added.($1 = 0.7454 Euros)

(Reporting by Frankfurt newsroom)

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