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tgsovlerkhgseltoday at 9:23 AM2 repliesview on HN

From the full press release:

"In 2025 and at the start of 2026, while the volume of gold reserves remained unchanged, the Banque de France had to align a residual portion (5%) with technical guidelines, resulting in a significant realised currency gain. This exceptional foreign exchange income totalled EUR 11 billion for 2025."

-- the keyword here likely being "realized"


Replies

mort96today at 10:08 AM

Is the logic that it's "unrealised" while the gold is stored in the US but becomes "realised" once it is stored in Paris? Why?

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