RBA Says Up to 23 Countries Hold Australian Dollar Reserves
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The Reserve Bank of Australia said the country’s currency is held by as many as 23 national central banks from Brasilia to Moscow whose purchases have helped sustain the Aussie dollar’s gains, internal documents showed.
The central banks of Brazil, Russia, Germany, Hong Kong, South Korea, Poland, Sweden, and Switzerland are among 15 that hold the Australian currency, according to a spreadsheet created in July and other papers released today under a Freedom of Information Act request by Bloomberg News. Among eight possible holders are Iceland, Indonesia, Jordan, Malaysia and Singapore, they showed.