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Russian central bank cuts the dollar in reserves

rocky
rocky
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Join date : 2012-12-21

Russian central bank cuts the dollar in reserves Empty Russian central bank cuts the dollar in reserves

Post by rocky on Tue 01 Oct 2019, 2:41 pm


Russian central bank cuts the dollar in reserves

21:14 - 01/10/2019



Russian central bank cuts the dollar in reserves 1013525041-696x377
Information / follow - up
The Russian central bank has reduced the dollar reserve ratio in Russia's international reserves by about two times - up to 23.6% by March 31, while raising the level of reserves in other currencies, such as the euro and the yuan.
According to the Bulletin of the Central Bank of Russia on the management of shares in foreign currencies and gold published today, that the level of reserves in euros rose by the end of March by 30.3 percent compared with the same period last year, and the proportion of gold - from 17.2 percent to 18.2 percent, and the yuan rate from 5 percent Up to 14.2 percent.
Russia's international reserves (gold and foreign exchange) represent highly liquid foreign assets held by the Central Bank and the Russian government. Reserves consist of cash gold, special drawing rights, reserves in the IMF and foreign exchange (other reserve assets). Finished 25 N

    Current date/time is Fri 04 Dec 2020, 5:25 am