Central Banking

Gold sales not on official IMF agenda-Welteke

Ernst Welteke said Wednesday that renewal of the Washington Accord on gold sales would not be on the agenda at the Dubai IMF meeting scheduled for this weekend. Welteke did repeat his regularly stated position, however, that he would like the deal to be renewed.

Source: Reuters

European Central Bank Governing Council Member Ernst Welteke said on Wednesday that renewing a gold sale agreement might be discussed among policymakers meeting in Dubai, but it was not on the official agenda.

"I think it is

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