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Bank of Russia starts buying gold directly from mines

Section: Daily Dispatches


From Interfax News Service
Friday, April 18, 2008

http://www.interfax.com/3/386119/news.aspx

MOSCOW -- For the first time, the Bank of Russia purchased gold for its international reserves from gold producers, a source in banking circles told Interfax.

Previously the central bank had always purchased gold on the interbank market.

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