Venezuela reportedly nears deal to move about $4 billion in gold to New York
The proposed transfer would move central bank reserves from the Bank of England to the Federal Reserve Bank of New York, Reuters reports, citing the Financial Times.
TLDR
Venezuela’s government and opposition are close to an agreement to transfer the central bank’s gold reserves, worth about $4 billion, Reuters reports, citing the Financial Times. The proposed move would take the reserves from the Bank of England to the Federal Reserve Bank of New York.
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