July 29, 2018

Russia’s gold reserves approaching Stalin-era record, cutting dependence on US dollar

With 2,000 tons of gold in reserves, Russia’s bullion holdings are approaching the Soviet peak seen in 1941. Moscow is striving for financial independence and escape from US dollar hegemony, analysts told RT.

“Some countries in the world want to depend as little as possible on US policy, they dump the dollar in trade and American assets as reserves. Read more.

RT

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