ITALIAN NET RESERVES RISE IN FEBRUARY Italy's net official reserves rose to 66,172 billion lire in February 1987 from a previously reported 62,174 billion in January, the Bank of Italy said. Gold holdings at end-February totalled 35,203 billion lire, unchanged on January. Convertible currencies totalled 18,467 billion lire, up from 14,899 billion in January, while European Currency Unit (ECU) holdings were 10,156 billion lire against 10,133 billion.