Source Azteca
Noticias0 May 5, 2011 11:45
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Mexico City .- The Bank of Mexico reported that in response to reports released by several international media regarding the recent purchases of gold, the central bank confirms that in recent months acquired 100 tons of gold, representing approximately the same 4.0% of international reserves.
Those purchases, clarifies Banxico, fall within the usual policy of the Central Bank relating to investment and diversification of its assets.
It states that the evidence and media reports published by the Central Bank itself in its website in the Report on International Reserves and Foreign Currency Liquidity last working day, as is usually done following their guidelines for disseminating information and in accordance with international standards adopted by the International Monetary Fund for this report.
Those purchases, clarifies Banxico, fall within the usual policy of the Central Bank relating to investment and diversification of its assets.
It states that the evidence and media reports published by the Central Bank itself in its website in the Report on International Reserves and Foreign Currency Liquidity last working day, as is usually done following their guidelines for disseminating information and in accordance with international standards adopted by the International Monetary Fund for this report.
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