Santiago Bausili Revealed Where Part of the Central Bank’s Gold Is: “It Was Deposited in Switzerland”
11 Articles
11 Articles
The official clarified that the reserves are located in the Bank for International Settlements, an entity of the European country; by 2024, Caputo had confirmed the sending of ingots abroad
In his defense of monetary reform, Santiago Bausili assured the Senate that all movements were audited and documented.
The president of the Central Bank of the Argentine Republic (BCRA), Santiago Bausili, gave explanations to the Senate about the fate of the gold that integrated the reserves of the entity. Faced with the consultations of the legislators during the debate on the reform of the Organic Charter, the official confirmed that each of the operations counted...
The president of the BCRA confirmed before the Senate that part of the ingots that were in the vaults of the entity were transferred in 2024 to the Bank for International Settlements, in Switzerland, where they remain deposited. He assured that all movements are documented and audited, while Vladimir Werning estimated the accumulated property damage at US$55 billion [...]
The holder of the BCRA confirmed before the Senate that part of the gold reserves was transferred in 2024 to the International Bank of Payments, in Switzerland, to improve the quality of ingots. Read more
The Central Bank holder presented himself to the Senate and confirmed that some of the gold reserves transferred during 2024 were deposited with the Bank for International Settlements (BIS) in Basel.
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