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 Citigroup to sell Venezuelan gold in setback to President Maduro

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CovOps

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Citigroup to sell Venezuelan gold in setback to President Maduro Vide
PostSubject: Citigroup to sell Venezuelan gold in setback to President Maduro   Citigroup to sell Venezuelan gold in setback to President Maduro Icon_minitimeThu Mar 21, 2019 4:58 am

Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela’s central bank on a $1.6 billion loan after the deadline for repurchasing them expired this month, sources said, a setback for President Nicolas Maduro’s efforts to hold onto the country’s fast-shrinking reserves.

https://www.reuters.com/article/us-venezuela-politics-gold/citigroup-to-sell-venezuelan-gold-in-setback-to-president-maduro-sources-idUSKCN1R12GR
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