FOREIGN CURRENCY RESERVES



Golden rush

Why yellow metal is actively bought up all over the world According to the international report by the World Gold Council, global official gold reserves increased by 228 tonnes in Q1 2024, which allowed breaking the previous Q1 record that had been in place since 2013. Compared with the average over the past five years, this figure has soared by a record 68 percent. The high demand for the yellow metal from such major players as China, Türkiye, India and other countries of the Global South has ...

26.06.2024
gold , purchase , foreign currency reserves , de-dollarisation , geopolitics , crisis

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