Russia’s Central Bank will suspend the acquisition of gold from credit organizations starting March 15, 2022, the regulator said in a statement on Tuesday, APA reports citing TASS.
"The demand for purchase of physical gold from the side of population has grown, partially triggered by cancellation of VAT payment for those transactions. For the purpose of creating conditions for satisfying the consumer demand the Bank of Russia will suspend the acquisition of gold from credit organizations starting March 15, 2022," the statement said.
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