“We have been in discussions with the Federal Reserve Bank of New York about the Bundesbank’s holdings of gold,” the Bundesbank said yesterday in a letter to the German parliament’s budget committee. “The discussions have been fruitful and the Federal Reserve has expressed a commitment to work with the Bundesbank to explore ways to address the audit observations, consistent with its own security and control processes and logistical constraints.”
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Tuesday, January 15, 2013
Bundesbank Says NY Fed to Help Meet Gold Audit Request - Bloomberg
Bundesbank Says NY Fed to Help Meet Gold Audit Request - Bloomberg
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