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JULY 9, 2001  


CBR Didn't Buy Any Gold This Year At Home Market

Interfax reports. According to the source in the Central Bank of Russia the reason for that roots in 5% exporting duty for gold which made gold sale less attractive to banks. Finally the share of gold reserves of CBR decreased to 12%.
As for gold, it is exported via countries of Tax Union and other states.


Source: Echo of Moscow
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