In May, 2020 Venezuela started legal proceedings against which bank to force it to release $1 billion worth of Venezuelan gold kept in reserve?
Correct answer: D. Bank of England
- A. Federal Reserve Bank
- B. Bank of Spain
- C. European Reserve Bank
- D. Bank of England
Explanation
Venezuela took legal action against the Bank of England over roughly $1 billion in Venezuelan gold reserves held in London. The dispute involved recognition of Venezuela's rival political authorities and control of the reserves.
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