The Central Bank Again Defended Its Operations with Gold, but without Identifying with Whom It Did so or Where It Is Deposited.
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4 Articles
The monetary institution included its defence in a section of the Quarterly Monetary Report published today
Buenos Aires, 29 October (NA) -- The Central Bank of the Argentine Republic (BCRA) referred to the controversy that arose because of the location and possession of gold, which it described as a “politicization” by the General Audit of the Nation (AGN) and reaffirmed its position on the metal. The problem of gold arose after the last balance that the AGN made based on the accounting statements of the BCRA, dated to 31 December of the last year. B…
The president of the Central Bank assured that the holdings remain at 1,984,960.60 ounces troy and that a part is deposited in the BIS, in Basel, Switzerland. Read more
The president of the Central Bank, Santiago Bausili, defended the management of the gold by the Central Bank and rejected the questions that arose from the General Audit of the Nation (AGN). He also denied that the gold is deposited in the Bank of England and clarified that the participation of Deutsche Bank (institution for which the...
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