Russia dumps half its US dollar holdings, while boosting gold, yuan & euro share of forex reserves

in #russia5 years ago

Russia has halved the US currency share from its international reserves in one year, opting instead to increase gold, yuan and euro holdings, recent data from the country’s central bank shows.

(Image not shown due to low ratings)

(Image not shown due to low ratings)

Images were hidden due to low ratings.
Sort:  

Bring it down to the minimum possible, of you can restrict its use among ordinary citizens it'll be better, that's just to save them from the imminent collapse of the highly inflated dollar, especially now after the global shift in military power, the US wouldn't be able to threaten countries into adopting its current.

We've seen Iran bring down the US military pride and challenge them into open confrontation they and their lackeys ran away from, Saudi being hammered by the Yemenis, and Israel put on check by Hezb Allah.

Posted using Partiko Android