Finland joins Riksbank in greater gold transparency

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The Bank of Finland this week joined Sweden's Riksbank in disclosing the location of its gold holdings around the world, with both institutions saying the move was in line with a general move towards increased transparency.

The Bank of Finland revealed that it, like the Riksbank, holds roughly half of its gold at the Bank of England. It also holds 20% at the Riksbank – a bigger share, in fact, than the 12% the Riksbank itself holds there.

The Finnish central bank stores no gold in Canada, where

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