Ditching dollars: Russia dumps $5 BILLION from its oil fund in favor of yuan & euro
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Russia sold $5 billion of US currency from its oil fund in May as part of a drive to reduce exposure to the greenback in its currency reserves and make the country less vulnerable to Western sanctions, the Finance Ministry said. Read Full Article at RT.comDitching dollars: Russia dumps $5 BILLION from its oil fund in favor of yuan & euro
Russia sold $5 billion of US currency from its oil fund in May as part of a drive to reduce exposure to the greenback in its currency reserves and make the country less vulnerable to Western sanctions, the Finance Ministry said. Read Full Article at RT.com Read more
