Sberbank sold two thirds of its gold reserves since last fall, reports “Interfax” with reference to the statistics of the Central Bank.
According to estimates edition, from November 1, the Bank sold nearly two-thirds of its gold reserves: at this point, the Bank was kept 22.5 tons of gold, and by may 1 there were 9 T.
At the same time, according to the Agency, citing a source in one of banks, because of the coronavirus, and the ban on international flights gold ceased to export in a traditional way, in the baggage compartments of passenger aircraft, and began to Charter to Charter flights. According to the source, in April, “organized by the special air service by prompt delivery of precious metals (gold, silver) from Russia to the UK”.
it is Noted that the exports involved not only banks but also companies, received from the Russian government a General license to export precious metals.
the Sale of gold, which earlier bought up in reserves, the Central Bank seeks to cover the shortage of oil revenues and to equalize the balance of payments.
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