Golden rule: Russia brings bullion & foreign currency reserves to new highs ...News

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Golden rule: Russia brings bullion & foreign currency reserves to new highs
Russia’s gold bullion holdings have reached $109.5 billion as the nation continues to shift its growing international reserves away from the US dollar, according to the latest data released by the country’s central bank. Russia has increased its stockpile of the precious metal by more than $7.5 billion in one month, figures released by the Central Bank of Russia (CBR) on Friday show. Thus, the share of gold in the nation’s reserves has set a new record, jumping to 20.7 percent from the previous 19.6 percent. Also on rt.com Russia’s credit rating soars to pre-sanctions level

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