UK official reserves changes July USD 219m vs USD -1619m prev

UK official reserves changes for July

UK International Reserves and Foreign Currency Liquidity data are published on a monthly basis in accordance with the IMF/G10's Special Data Dissemination Standard (SDDS) using the IMF International Reserves Template. Summary data are published by HMT in a monthly press release, and on the third working day of every month.

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  • +$196m due to valuation

GBP declines post-Brexit making an impact on reserves valuation.

Full monthly report from the BOE here

Meanwhile GBPUSD up to 1.3341 after a dip to 1.3315 as services PMI springs no nasty shocks.

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