Sunday, February 06, 2005

IMF looks at gold sale options for debt relief

The International Monetary Fund is preparing a report on the potential
sale of a portion of its gold reserves in a move that would help fund debt
relief for poor countries but could unsettle the markets by threatening a
drop in the price of gold.

Read more here.

Source: By Andrew Balls, Chris Giles and Scheherazade Daneshkhu

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