LATEST GEOPOLITICAL NEWS /UKRAINE: Ukraine central bank has sold over $12 billion of its gold reserves - Analysis

UKRAINE: Ukraine central bank has sold over $12 billion of its gold reserves – Analysis

Posted By GEO´ Newsteam – Gibraltar

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REUTERS has reported that Ukraine’s central bank has sold $12.4 billion of gold reserves since the beginning of Russia’s invasion on Feb. 24, according to a statement from their Deputy Governor Kateryna Rozhkova broadcast yesterday [17/07/2022] on Ukrainian national television.

“We are selling (this gold) so that our importers are able to buy necessary goods for the country,” but denied that the gold hadn’t been sold to bolster Ukraine’s hryvnia currency. Click Here to receive the full Analysis direct to your inbox or Smart device

Image Credit: Michael Sutton

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