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OeNB Does Not Bring Gold Reserves to Austria

Published: January 17, 2013; 18:21 · (Vindobona)

Unlike Deutsche Bundesbank, the Austrian National Bank (OeNB) does not transfer the gold reserves from London back home.

OeNB Does Not Bring Gold Reserves to Austria / Picture: © Flickr

 

In total, 83% of Austria´s gold reserves are located in other countries. Until November, the location of the reserves was unknown. After protests of the Austrian Audit Court, the public and the Austrian opposition party FPÖ, the Austrian National Bank published the storage place of Austria´s gold reserves. In total, the Austrian Central Bank (OeNB) has about 280 tons of…

This article includes a total of 266 words.

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