Wire flash
Venezuela Nears Deal to Transfer $4 Billion in Gold Reserves to New York
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
According to a report by the Financial Times, as cited by financial news source Jin10, Venezuela is close to reaching an agreement to transfer approximately $4 billion worth of its gold reserves to New York. The report indicates that the Venezuelan government is nearing a deal that would involve moving a significant portion of its gold holdings, currently held in the country's central bank, to custody in New York. The specific terms of the agreement and the intended purpose of the transfer, such as whether it is for debt payments, asset protection, or other financial arrangements, are not detailed in the summary. The information is attributed to the Financial Times and has not been independently confirmed by the source item.
Source report
According to the Financial Times, Venezuela is close to finalizing an agreement to transfer approximately $4 billion in gold reserves to New York.
Source
金十数据Neutral / independent
Part of this Story
Venezuela nears deal to transfer $4 billion in gold from Bank of England to New York Fed