Venezuela in talks to move gold from London to New York
Any agreement should be accompanied by reforms such as central bank independence, lawyer says
The Venezuelan government and opposition are close to reaching an agreement to transfer the central bank’s $4 billion worth of gold reserves held at the Bank of England to the Federal Reserve Bank of New York.
Interim president Delcy Rodríguez’s government could soon gain legal control over the gold, according to reporting from the Financial Times today (September 18). The government would not be able to immediately sell the reserves under the terms being discussed but they could potentially be
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