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... it could be seen as coercive, but there was no procedural problem as there was a precedent for selling gold mines to the private sector before.


When the royal family said it would manage gold mines as foreign exchange reserves, ministers who were able to keep their posts because of their minimal irregularities welcomed it.


It was because even the central bank, which had been in such a mess to the point of causing the foreign exchange crisis, could not be trusted.


A ...

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