![Russian Reserves March Toward $600 Billion As Sanction Threats Loom, Fitch Says](https://tsarizm.com/wp-content/uploads/2019/08/b.png)
Russia will continue to build up its foreign currency and gold reserves to protect its economy as threats of more U.S. sanctions loom, a top financial firm said.
Russian reserves will reach nearly $600 billion – a record high – by 2021 thanks to trade and budget surpluses, credit-worthiness agency Fitch Ratings said Aug. 9 as it upgraded the nation’s debt ratings…
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