Dr Tatiana Fic
Director, Central Banks and Public Policy
World Gold Council
Central and Eastern European central banks significantly expand their gold reserves
Last month Hungary tripled its gold reserves. The decision by the National Bank of Hungary (Magyar Nemzeti Bank, MNB) to increase its gold reserves to 94.5 tonnes, a historic high, follows a 10-fold increase in Hungary’s gold holdings in the last quarter of 2018.
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