In the week ending 1 June 2012 the decrease of EUR 1 million in gold and gold receivables (asset item 1) mainly reflected the sale of gold coin by three Eurosystem central banks.
The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.7 billion to EUR 223.2 billion on account of customer and portfolio transactions and US dollar liquidity-providing operations (see below).
The liquidity-providing transactions were conducted by the Eurosystem in connection with the temporary reciprocal currency arrangement (swap line) that the European Central Bank
The net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 0.7 billion to EUR 223.2 billion on account of customer and portfolio transactions and US dollar liquidity-providing operations (see below).
The liquidity-providing transactions were conducted by the Eurosystem in connection with the temporary reciprocal currency arrangement (swap line) that the European Central Bank
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