On January 30, the Central Reserve Bank of El Salvador (BCR) announced that it has purchased 9,298 troy ounces of gold for $50 million. This is the country’s second large-scale gold accumulation since 1990 and marks further diversification of its international reserve structure.
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$50 million to buy gold! El Salvador's gold and Bitcoin "dual reserve" strategy is upgraded again
On January 30, the Central Reserve Bank of El Salvador (BCR) announced that it has purchased 9,298 troy ounces of gold for $50 million. This is the country’s second large-scale gold accumulation since 1990 and marks further diversification of its international reserve structure.