Russian National Wealth Fund Turning To Gold, Dumping Dollars

Russia’s National Wealth Fund gets green light for gold investments as Moscow reduces dollar holdings from 45% to 35%

Russia’s National Wealth Fund gets green light for gold investments as Moscow reduces dollar holdings from 45% to 35% 27 Mar, 2021 11:53 RT The share of gold, which is seen as one of the most “protective” assets, has been significantly boosted in Russia’s foreign exchange reserves, the ministry said. The step is aimed at diversifying the …

Russia’s National Wealth Fund gets green light for gold investments as Moscow reduces dollar holdings from 45% to 35% Read More »