Germany repatriated 37 tons of gold in 2013
In an interview with the Bild newspaper (in German), the executive said the bank got back an estimated US$1.5 billion in gold, as part of a plan unveiled in January to increase the reserves held in Frankfurt. By 2020, it wants to have 700 tons back from the US and France.
Weidmann also said the decision had nothing to do with how safe or not are the American and French vaults.
Read More: www.mining.com/germany-repatriated-37-tons-of-gold-in-2013-93277/