Venezuela Wants Gold Reserves From Bank Of England
- 6 years ago
According to Business Insider, Venezuela wants to retrieve gold that is being held at the Bank of England.
The Venezuelan government has a gold reserve at England's central bank worth more than $500 million.
But repatriating the 15 tons of gold bullion has been problematic for Venezuelan authorities.
A report from Reuters said that England's central bank sought to clarify what will be done with the gold, after Venezuelan authorities approached them about repatriating their reserves.
The Venezuelan government has a gold reserve at England's central bank worth more than $500 million.
But repatriating the 15 tons of gold bullion has been problematic for Venezuelan authorities.
A report from Reuters said that England's central bank sought to clarify what will be done with the gold, after Venezuelan authorities approached them about repatriating their reserves.