RBA add South Korean won to its forex reserves portfolio

The Reserve Bank of Australia has announced a change in its currency assets portfolio 13 Oct

  • 5% now allocated to S. Korean won
  • Euro reduced by 5%
  • rest unchanged
  • 55% USD
  • 5% GBP
  • 5% CAD
  • 5% RMB

Posting for info. Earlier today the RBA published its latest Annual Report

On Monday the RBA reported end-Sept reserves of AUD 65.8bln vs 63.0bln prev

AUDUSD currently 0.7538 after 0.7520 session lows. Bids/support noted around there and larger into 0.7500. Some offers/res nearby at 0.7550 with larger into 0.7580 and 0.7600 which continues to cap.

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