The Mystery of China’s Gold Stash May Soon Be Solved
By GCRU Gold News on Tuesday, April 21 2015, 00:26 - Permalink
China may be preparing to update its disclosed holdings because policy makers are pressing to add the yuan to the International Monetary Fund’s currency basket, known as the Special Drawing Right, which includes the dollar, euro, yen and British pound. The tally may come before the IMF’s meetings on the SDR next month or in October, Nomura Holdings Inc. said in an April 8 report.