The most recent financial statement posted online shows DAB holds total assets of about $10 billion, including $1.3 billion-worth of gold reserves and $362 million in foreign currency cash reserves, based on currency conversion rates on June 21, the date of the report.
Asked about the holdings, a FRBNY official said the bank does not acknowledge or discuss individual account holders, but is generally in contact with U.S.
The Afghan central bank’s vaults also contain a hoard of 2,000-year-old gold jewellery, ornaments and coins known as the Bactrian Treasure, according to UNESCO.
This distribution of SDRs, the Fund’s unit of exchange based on dollars, euros, yen, sterling and yuan, aims to shore up the reserves of developing countries strained by the COVID-19 pandemic.
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