Citigroup to sell Venezuelan gold in setback to President Maduro: sources

Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela's central bank on a $1.6 billion loan after the deadline for repurchasing them expired this month, sources said, a setback for President Nicolas Maduro's efforts to hold onto the country's fast-shrinking reserves.

from Reuters: Top News https://ift.tt/2Ykvmoy