Portugal paid entry into the IMF gold to pallets

The fee of Portugal's accession to the International Monetary Fund (IMF), fifty years ago, was made into pallets of gold in the vaults of the Federal Reserve Bank of New York, told the 'father' of the Portuguese entry in the institution.

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Manuel Jacinto Nunes, 84, was the man who, as deputy governor of the Bank of Portugal, led the Portuguese entry in the IMF ahead of a team of four people, and reminded the agency Lusa the accession process, which has resulted the November 21, 1960.

At the time, the Bank of Portugal was a limited liability company with capital of 100 million escudos. 

To join the IMF, Portugal had to pay a quota of 60 million dollars, even though Yugoslavia had paid 20 million and more than Greece.

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