BR100 Increased By (0.05%)
BR30 Increased By (0.49%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.39%)
AGHA 6.44 Increased By ▲ 0.12 (1.9%)
BECO 4.37 Increased By ▲ 0.10 (2.34%)
BML 62.50 Increased By ▲ 0.05 (0.08%)
BOP 31.46 Increased By ▲ 0.23 (0.74%)
CNERGY 11.66 Increased By ▲ 0.07 (0.6%)
CSIL 5.86 Increased By ▲ 0.14 (2.45%)
FCCL 60.56 Decreased By ▼ -0.98 (-1.59%)
FFL 14.70 Decreased By ▼ -0.32 (-2.13%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.68 No Change ▼ 0.00 (0%)
MLCF 103.00 Decreased By ▼ -1.08 (-1.04%)
NBP 172.90 Decreased By ▼ -2.38 (-1.36%)
NCPL 52.30 Decreased By ▼ -0.47 (-0.89%)
NPL 53.95 Decreased By ▼ -0.17 (-0.31%)
OGDC 316.99 Increased By ▲ 3.60 (1.15%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.62 Decreased By ▼ -0.18 (-0.5%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.44 Increased By ▲ 4.63 (2.09%)
PRL 80.66 Increased By ▲ 1.58 (2%)
PTC 46.87 Increased By ▲ 0.02 (0.04%)
SSGC 23.85 Decreased By ▼ -0.02 (-0.08%)
TBL 9.29 Decreased By ▼ -0.02 (-0.21%)
TELE 7.58 Increased By ▲ 0.19 (2.57%)
TPL 24.63 Decreased By ▼ -0.48 (-1.91%)
TPLP 12.85 Increased By ▲ 0.34 (2.72%)
TREET 25.86 Decreased By ▼ -0.39 (-1.49%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
Markets

Hungary boosts size of gold reserves to 31.5 tonnes

Published Updated

BUDAPEST: Hungary's central bank has decided to boost the size of its gold reserves to 31.5 tonnes, ten times the former amount, Governor Gyorgy Matolcsy told a news conference on Tuesday.

"We consider this a significant step in our economic history," Matolcsy said, adding that the gold had already arrived in Hungary. "Apart from the investment, this will provide safety and lower risk to Hungary."

Copyright Reuters, 2018
 

 

 

 

Comments

Comments are closed for this article.