Communiqué of the Banco de Portugal on operation carried out in the context of the “Central Bank Gold Agreement”
Banco de Portugal informs that during February 30 tons of its gold reserves were sold. As in the case of the previously announced sales, the objective of the operation is to continue the diversification of the external reserves of the country and the resulting profit will be retained by the Banco de Portugal, adding to the newly created special reserve.
The sales were carried out in the context of the “Central Bank Gold Agreement”.
25 February 2003