GOLD RESERVE
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Isarescu: Gold Reserve Repatriation Entails Massive Costs
Romania's central bank governor Mugur Isarescu said Tuesday repatriating the country's gold reserve would not be profitable as at it entails costs 10 to 20 times higher than the commission paid to the bank of England, which Isarescu deemed reasonable.
Central Bank Board to Discuss Gold Reserve Repatriation Bill
The central bank board meets Tuesday afternoon to discuss the Senate's adoption of a bill seeking to force the central bank to repatriate the country's gold reserve deposited abroad.
Isarescu Superstitious About Hiking Romania's Gold Reserves
The head of the Romanian central bank says the country does not need to increase its gold reserve above 100 metric tons as each time the reserves rose past that level “something bad” happene...
BNR Sets Up Committee On Gold Reserve
The Romanian central bank will set up a working committee to analyze the structure of the country’s future gold reserves, the bank’s chief Mugur Isarescu said Monday.