Kazakhstan, Russia raise gold holdings in May -IMF data
NEW YORK, June 24 (Reuters) - Russia and Kazakhstan raised their gold holdings again in May, while Turkey lowered its reserves in April, the latest data from the International Monetary Fund showed on Wednesday.
Russia, which has one of the world's largest central bank gold reserves, increased its reserves by 4.3 tonnes to 1,250.9 tonnes last month, the third straight monthly rise.
Kazakhstan raised its holdings by 2.6 tonnes to 203.4 tonnes, IMF data showed.
In April, Turkey cuts its holdings by 6.5 tonnes to 506.5 tonnes. The Turkish central bank counts gold held with commercial banks as part of the country's reserves. (Reporting by Josephine Mason; Editing by Chizu Nomiyama)
© Thomson Reuters 2017 All rights reserved.