IMF will announce gold sale plan in April - report

The International Monetary Fund plans to make proposals in April regarding selling or re-valuing some of its gold reserves, a German press report said on Tuesday 29 March.

Citing unnamed German government sources, the Frankfurter Allgemeine Zeitung said the IMF would make proposals at its meeting in Washington in mid-April to use between one third and two thirds of its gold reserves to alleviate debt.

The report said the proposals would include either a partial sale of the fund's roughly 3 217

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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