Romania Central Bank to Discuss Reserve Structure, Mediafax Says
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Romania’s central bank will analyze the future structure of the country’s international reserves and a possible increase of the gold reserve, Mediafax reported, citing Governor Mugur Isarescu.
The bank’s policy board will discuss a proposal made by President Traian Basescu to double the country’s gold reserves to almost 200 tons in the following period, after developing the Rosia Montana gold mine, together with Gabriel Resources Ltd., Isarescu said in a speech in the south-eastern city of Constanta, according to Mediafax.