NBRM: Monetary gold quantity increased

The National Bank of the Republic of Macedonia (NBRM) has increased the quantity of monetary gold in the foreign currency reserves through melting of collector coins and confiscated gold items into monetary gold.

The quantity of monetary gold has increased by 2,288 ounces (ca. 65kg) to 221,163 ounces (ca. 6270kg), NBRM said in a press release on Friday. The central bank acquired six plates of monetary gold with a market value of about EUR 2,6 million, fully meeting quality standards of the precious metals market in London.

The procedure is carried out in line with the Government’s decision to turn collector coins into monetary gold, and the amendments to the Law on management of seized property, property gains and objects seized in criminal and misdemeanor procedure, according to which the National Bank was assigned with confiscated items by the Agency for Management of Confiscated Property”, reads the press release.

Comments

Most Read

Macedonian Sun will be banned for public use in August

Cannabis oil available in pharmacies across Macedonia without prescription

Macedonia’s “Johnson Matthey” among top 100 companies in Southeast Europe

Time Travel: Skopje Antique Shops Are Full of Objects that Have Long Been Forgotten

Fitch Affirms Macedonia at BB, Outlook Negative

Evergreens

Cannabis oil available in pharmacies across Macedonia without prescription

Macedonian soldiers fired warning shots at Macedonia-Greece border

Name of the church and of the country to remain unchanged: Macedonia's Orthodox Church

Macedonia cancelled again Public call for financial support for Low-Cost Airlines

Academics Take Issue With Prespa Agreement - Letter to the Editor