Russian central bank reveals how it braced for Western dollar grab ...News

Moscow stockpiled gold, yuan and foreign currency in cash to offset Western sanctions, the regulator has revealed The Bank of Russia had been preparing for an escalation of Western sanctions since 2014 and was beefing up additional funds as a hedge against future restrictions on its foreign exchange reserves, the regulator revealed on Wednesday. Amid “increasing geopolitical risks” the central bank ramped up investments in assets “that cannot be blocked by unfriendly nations” and transferred part of its reserves to gold, Chinese yuan and foreign currency in cash, the regulator announced in its annual report. The c

Hence then, the article about russian central bank reveals how it braced for western dollar grab was published today ( Thursday 30/03/2023 - 06:00 PM ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Russian central bank reveals how it braced for Western dollar grab )

Also on site :

• ‘The Princess Bride’ Star Cary Elwes Shares Tribute to Rob Reiner: ‘From That Very First Meeting I Fell In Love With Him’
• A Shockingly Recent Year Just Cracked the Top 5 of Rock's Most Legendary Years
• SFM Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Sprouts Farmers Market, Inc. (SFM) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit