When billions in gold, cash had been shifted by a central bank
The Netherlands’ central bank transported its Dutch-primarily based inventory of gold — 14,000 bars and about 1,000 packing containers of gold coins. From its headquarters in Amsterdam to a secure withinside the close by town of Haarlem in a meticulously and carefully guarded operation that en
The Netherlands’ central bank transported its Dutch-primarily based inventory of gold — 14,000 bars and about 1,000 packing containers of gold coins.
From its headquarters in Amsterdam to a secure withinside the close by town of Haarlem in a meticulously and carefully guarded operation that ended Saturday, the financial institution stated in a declaration.
Along with the bullion worth 10 billion euros ($11.7 billion), the financial institution additionally shifted payments really well worth any other 4.five billion euros ($five.three billion) withinside the operation that changed into led through the Royal Dutch Military Police.
The coins and gold travelled about 20 kilometers (12.five miles) in vehicles guarded through armed navy police, police bike outriders and with a police helicopter soaring overhead. The operation commenced Friday and ended Saturday afternoon.
The navy police stated in a declaration that the “carefully deliberate operation went easily and safely.”
The pass comes in advance of renovations of the central bank’s Amsterdam places of work and the everlasting pass of the gold and financial institution payments to a vault that has but to be constructed withinside the central town of Zeist.
The Dutch principal financial institution does not keep all its gold withinside the Netherlands. It additionally has big reserves saved withinside the United States, Britain and Canada.
Reader questions.
About “When billions in gold, cash had been shifted by a central bank” — five of the most-asked, in the desk's own words.
01What is this story about?
The Netherlands’ central bank transported its Dutch-primarily based inventory of gold — 14,000 bars and about 1,000 packing containers of gold coins. From its headquarters in Amsterdam to a secure withinside the close by town of Haarlem in a meticulously and carefully guarded operation that en02Who wrote it?
Sheena · Staff. 1 min read · Oct 04, 2020.03Is this sponsored?
If a piece is, the disclosure sits above the cover image and again in our public transparency report. This one carries no commercial disclosure.04How do I get the rest?
Subscribe to The Briefing for a Wednesday letter from the desk, or browse by category from the top navigation.
