Today News – Four Good Reasons Why Russia Is Purging the Dollar From Its Reserves05:45

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Published on January 12, 2019

Today News – Four Good Reasons Why Russia Is Purging the Dollar From Its Reserves

The Russian Central Bank has released a report on operations up to the first half of in 2018, showing that the US dollars share in Russias foreign exchange reserves dropped from 46 percent to less than 22 percent, while euro and yuan-denominated assets, as well as gold, grew substantially. Financial experts told Sputnik what caused the shift. Russia dumped some $101 billion in US holdings from its reserves, moving $44 billion apiece into euros and yuan, and another $21 billion into Japanese yen,…

Source: http://c.newsnow.co.uk/A/2/969726925?-17176:26449

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