Friday, June 29, 2018


BUCHAREST - NBR: Placing gold operations arbitrage or speculative involve counterparty risk and it increased with the crisis gloală said Friday Mugur Isăescu Governor National Bank of Romania (BNR), a conference of press. "The gold held by the central bank to the account opened at the Bank of England, which is a custodian solid financially and reputation is always our gold, so there is NETeller through various operations and is available to us at any time. Placing gold operations arbitrage or speculative involve counterparty risk and it increased with the crisis gloală. an eventual recovery by operations, as suggested in some discussion in the media, through television, would involve a form of alienation, even if stock would remain deposited with the Bank England ", said Isarescu.  "We have not considered that such a period is better to resort to such operations for gains that otherwise are small. Not worth, so to speak.   Not only that but I did not, at least not us has it occurred to play gold in păcănele as suggest a character. "
He referred to the Romanian gold held by the Russians. "I see that Hungary has repatriated gold abroad. Well Hungary has three tons of gold. They held abroad or kept them in Budapest was the same thing, why would not we increased our stock of gold, enough big as Poland? If we take into account that we have a gold stock stored elsewhere with the relevant documents, but still unrecognized, I think our stock of gold is high enough but we are ready to buy at competitive conditions to be hereinafter yellow metal. As a proportion of gold in total international reserves, are beyond the means ", said BNR governor.

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