Russia’s foreign exchange reserves continue to rise despite sanctions & pandemic ...News

Russia Today - Economy
Russia’s foreign exchange reserves continue to rise despite sanctions & pandemic
source : Russia Today ( News ) () 27
Russia’s gold and foreign currency holdings increased by $5.8 billion last week to reach a total of $589.5 billion, according to the latest data released by the country’s central bank. The regulator said that the growth seen from April 16 to 23 was supported by positive revaluation as well as foreign currency purchases within the budget rule that requires extra revenues from energy exports to be used for boosting the national reserves. Also on rt.com Most Russian exports have now kicked reliance on US dollar as payment currency Russia’s foreign exchange

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