The NBH said the gold reserve is complete and in impeccable condition. A smaller part of the Hungarian gold reserve, 15.5 tonnes, is stored in the vault of the Bank of England in London, it added.

Mihaly Varga, the governor of the NBH, ordered an audit of the reserve after taking up his position.

MTI Stock Photo - for illustrative purposes only

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com

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