IMF urged to cash in on gold price to help poor countries hit by climate change
The International Monetary Fund should sell 4% of its gold to help offer debt relief to low income countries devastated by ...
The New Indian Express6d
Why is RBI bringing gold reserves back to the country
MUMBAI: The Reserve Bank has been ... quietly brought back 214 tonnes of gold. In FY23, the monetary authority had brought in only 5.3 tonne back to the country, taking the domestic storage ...
CNBC Africa2d
IMF urged to cash in on gold price to help poor countries hit by climate change
Sale of 4% of reserves could generate $9.52 bln ... covering debt relief for 86 countries. “With current gold prices exceeding $2,600 per ounce, selling a small fraction of gold has the ...
Business Recorder2d
IMF urged to cash in on gold price to help poor countries hit by climate change
The solution lies in selling some of the IMF’s 90.5 million ounces of gold reserves ... covering debt relief for 86 countries. “With current gold prices exceeding $2,600 per ounce, selling ...
Russia's Gold Reserves Hit Historic $207.7 Billion Mark
Russia's gold reserves exceed $200 billion for the 1st time. The share of gold in the country's international reserves is now ...
Zawya3d
IMF urged to cash in on gold price to help poor countries hit by climate change
The solution lies in selling some of the IMF's 90.5 million ounces of gold reserves, the report said ... covering debt relief for 86 countries. "With current gold prices exceeding $2,600 per ounce, ...
Zee Business6d
Dollar's share of global reserves declines, many countries see gold as a safer asset: Report
As the dollar's share of global reserves declines, many countries see gold as a safer asset. The report also highlighted that "Fundamentally, the continuing deficits and unsustainable debt in the US ...