Failure to reach agreement over ex-Yugo gold

The governors and vice-governors of central banks which emerged after the break-up of the former Yugoslav federation failed to reach an agreement on the distribution of gold and foreign currency reserves at the International Bank for Settlements in Basel in Belgrade on Tuesday.

Unlike all previous years, when the Federal Republic of Yugoslavia was stalling talks about succession, the latest halt has been caused by Macedonia's request that the balance sheet of assets in the Basel bank be made

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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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