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The Independent UK
The Independent UK
World
Gergana Krasteva

Venezuela closing in on deal to move $4bn gold reserves from Bank of England to New York

Venezuela is nearing a deal to move $4 billion (£2.9 billion) in gold from the Bank of England to the Federal Reserve Bank of New York after a years-long legal tussle, it has been reported.

Led by acting president Delcy Rodriguez, the government and the opposition reached a rare consensus in August - to work together to recover 31 tonnes of precious metal locked away in London’s underground vaults.

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