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Gold reserves plan a disaster: Swiss banking chief
Published Sun, Nov 9, 2014 · 09:50 PM
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Zurich
A VOTE in favour of Switzerland boosting its gold reserves would be disastrous for the country, the chairman of the Swiss central bank said in a newspaper interview published on Thursday.
The "Save our Swiss gold" proposal, spearheaded by the right-wing Swiss People's Party (SVP), aims to ban the central bank from offloading its reserves and oblige it to hold at least 20 per cent of its a…
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