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IPFS News Link • Economy - International

IMF urged to sell gold to battle cash crunch

1-31-2007 • AFP

A panel of financial statesmen advised the IMF to sell 400 tons of its gold reserves as part of a new strategy to avert a long-term crunch in its finances. The IMF has more than 3,200 tons of gold as part of its financial stockpile, but has fought sh

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