§ Mr. MaudeTo ask the Chancellor of the Exchequer how much gold was held in the UK Exchange Equalisation Account on(a) 6 May and (b) 6 June; and in each case what was its value. [88826]
§ Ms HewittA breakdown of the size and composition of the United Kingdom's reserve holdings is published in Table 2 of the Quarterly Report on UK Official Holdings of Foreign Currency and Gold.
§ Mr. MaudeTo ask the Chancellor of the Exchequer if he will estimate the value of the Exchange Equalisation Account following the proposed sale of gold and relative to its value at 6 May. [88825]
§ Ms HewittAs the proceeds from the programme of auctions of gold will be invested in foreign currency assets and retained in the reserves, the asset base of the Exchange Equalisation Account will remain roughly the same.
A breakdown of the size and composition of the United Kingdom's reserve holdings is published in Table 2 of the Quarterly Report on UK Official Holdings of Foreign Currency and Gold.