22 Sep 2006, 12:18pm
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** BANK OF RUSSIA INCREASES GOLD VOLUME **

RBC, 21.09.2006, Moscow. The Bank of Russia intends to increase the volume of gold metals in Russia’s gold and foreign currency reserves, the Bank’s First Deputy Chairman Alexei Ulyukayev told the State Duma budget committee today. The share of gold in the country’s gold and foreign currency reserves is 3 percent at present. If the volume of gold metals increases, still its share will not raise, he noted.
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