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Citi says Venezuela may tap its gold reserves
Published Wed, Aug 19, 2015 · 09:50 PM
Kuala Lumpur
COUNTRIES facing cash shortages, including Venezuela, may be tempted to sell part of their gold reserves to raise funds, according to Citigroup Inc.
The South American nation is one country that may be at risk of selling part of its holdings after oil fell and commodity prices weakened, analysts including David B Wilson and Aakash Doshi, wrote in a repor…
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