Argentina mulls increasing gold reserves

Argentina's central bank may increase its gold reserves as a hedge against inflation and to protect it against financial crises, according to Juan Ignacio Basco, the bank's head of market operations.

``We don't rule out increasing our gold holdings in the future, which would depend on the economic environment,'' said Basco, in an interview during a conference in London. ``Gold is recovering its role as an asset protecting the portfolio against inflation and international financial crises.''

The

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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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