Issue 4270. Last Updated: 11/09/2009

Finance Ministry Says Reserves in No Danger

By Max Delany and Jeremy Ventuso
The Finance Ministry has moved to stave off worries that the troubles at U.S. mortgage giants Fannie Mae and Freddie Mac pose a threat to the country’s gold and foreign currency reserves or the more than $157 billion it has salted away from taxes on energy exports.

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