Venezuela Stepping Up Gold Selling as Petrodollars Dry Up – Bloomberg


Bloomberg
Venezuela Stepping Up Gold Selling as Petrodollars Dry Up
Bloomberg
The country cut its gold reserves by 16 percent in the first quarter, following a 24 percent reduction in 2015, according to data from the International Monetary Fund. The 1.38-million ounce reduction was the largest by any central bank since

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