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'Not normal behaviour': De Nederlandsche Bank reallocates gold from US - Fortune

Source: Fortune

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DW NOTE

The Dutch central bank is repatriating gold from New York. That's what central banks do when they stop trusting the jurisdiction holding their reserves. De Nederlandsche Bank held 612 tonnes in Manhattan as of 2022 — a legacy of Bretton Woods, when dollar convertibility was real and US custodianship meant something. Neither condition still holds.

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Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

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'Not normal behaviour': De Nederlandsche Bank reallocates gold from US - Fortune

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