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IPMI and Industry News: Industry News

The Fiction in Chinese Gold Reserves

Tuesday, October 10, 2017  
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The fiction in Chinese gold reserves and media import coverage

According to the People’s Bank of China – the country’s central bank – the Asian economic giant’s gold reserves have now remained unchanged for 11 straight months - indeed ever since the nation’s currency – the yuan or reminbi – was admitted by the IMF as an integral constituent of that entity’s Special Drawing Right (SDR). - Sharps Pixley 10/10/2017

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