Central Bank of Ireland Bolsters Economic Security by Doubling Gold Reserves the Central Bank of Ireland notably doubled its gold reserves in 2022, expanding its holdings from six to twelve metric tonnes. This strategic decision, articulated by then Finance Minister Pascal Donohoe, was aimed at diversifying the bank’s long-term investment approach to enhance the resilience of its balance sheet. This move underscores the role of gold as a key component in safeguarding financial stability amidst the volatility of modern investment avenues. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Yuan Undercuts Dollar: A Shift in Global Currency Dynamics READ MORE Banking Crisis 2.0 — Are We on the Brink of the Next Financial Crisis? READ MORE More Americans Apply for Unemployment Benefits But Layoffs Still Historically Low READ MORE UAE Aims for Gold Standard in Online Trading Transparency READ MORE Major Win for Consumers: Credit Card Late Fees Reduced by CFPB Ruling READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
