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(CEP News) - According to the Reserve Bank of Australia on Friday, official reserves fell to A$35.52 billion in August compared to July's A$37.35 billion level.
Foreign exchange accounted for A$32.41 billion compared to the previous month's A$34.24 billion level, while SDR holdings rose to A$0.21 billion from A$0.20 billion. The IMF reserve position increased to A$0.42 billion from A$0.41 billion in July, and gold holdings declined to A$2.48 billion from the previous month's A$2.50 billion. In U.S. dollar terms, total holdings fell to $30.68 billion compared to the $35.24 billion level seen July. By Erik Kevin Franco,
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, edited by Nancy Girgis,
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