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foreign currencies reserves
gold reserves

Gaddafi Kiss of Death
Al monitor | Why are Turkey's gold reserves on the rise? April 2018

In a sign that Turkey will continue to stock up on gold, President Recep Tayyip Erdogan on April 17 argued that international loans should be based on gold rather than dollars. Speaking at an economic gathering in Istanbul, he remarked, "Why do you have to make the loans in dollars? Let's base the loans on gold. We need to rid states and nations of exchange rate pressure. Throughout history, gold has never been a means of pressure." Erdogan also said that he had made the suggestion to International Monetary Fund officials at a G-20 meeting.
Bloomberg | "Authoritarian Gold Bugs" June 2018

Diversity is the key to economic and political evolution.
by Cat on Wed Aug 15th, 2018 at 02:46:33 AM EST
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