Why the Netherlands pulled 86 tonnes of gold from US central bank - ABC News & Headlines – Australian Broadcasting Corporation

Why the Netherlands pulled 86 tonnes of gold from US central bank - ABC News & Headlines – Australian Broadcasting Corporation

Source: ABC News & Headlines – Australian Broadcasting Corporation

DW NOTE

The Netherlands repatriated 86 tonnes of gold from the New York Federal Reserve — not because of yield or liquidity, but because custody nine time zones away is a political artefact of an order that no longer holds. When central banks move metal, they're repricing the durability of dollar settlements.

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