Norwegian Central Bank Reserves Rise in March

Norway’s Central Bank reserves totalled 74.77 billion crowns in March, against 70.56 billion in February and 98.55 billion in March 1986, the Central Bank said in its monthly balance sheet.

Foreign exchange reserves totalled 67.05 billion crowns, compared with 67.21 billion in February and 92.08 billion crowns a year ago. Gold reserves totalled 284.7 mln crowns, unchanged from the previous month and last year’s figure.

Central Bank special drawing right holdings were 3.07 billion crowns, compared with 3.06 billion in February and 2.27 billion a year ago.