Central bank’s currency reserves forecasted to double

Central bank’s currency reserves forecasted to double
  • Clock-gray 08:45
  • calendar-gray 31 July 2017

According to the forecast, the CBA’s currency reserves will reach $5.757 billion as at the end of 2017. At the end of 2016, the currency reserves made up $3.974 billion.

 

S&P thinks that CB’s currency reserves will reach $6.287 billion in 2018, $7.223 billion in 2020, $8.192 billion in 2021.

 

As of July 1, 2017, the currency reserves stood at $4,964,100,000.

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