IMF says it got 'good price' for gold from India
The IMF, in pursuance of the decisions taken at the G-20 summit in London [ Images ], had decided to sell about 403.3 tonnes of gold to shore up its finances so that it can lend money to the poor countries at concessional rates. "Of course, this is only half the sale that we have completed, so we don't want...
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- News Source: India Abroad | 20 days agoThe government has finalised dates to renegotiate existing treaties with Switzerland and Belgium to broaden the scope for bringing back money parked illegally by Indians in foreign banks. "So far, the efforts to unearth the unaccounted money stashed...
- News Source: India Abroad | 20 days agoThe IMF, in pursuance of the decisions taken at the G-20 summit in London [ Images ], had decided to sell about 403.3 tonnes of gold to shore up its finances so that it can lend money to the poor countries at concessional rates. "Of course, this is...
- News Source: India Abroad | 20 days agoOn September 18, 2009, the IMF's executive board approved gold sales strictly limited to 403.3 metric tonnes, representing one eighth of its total holdings. India and China were seen as the likely buyers given the two Asian giants' economic strength...
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