Tsarizm
Eastern Europe

Russian Reserves March Toward $600 Billion As Sanction Threats Loom, Fitch Says

Russian Reserves March Toward $600 Billion As Sanction Threats Loom, Fitch Says

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…

To read more visit RFERL.

Related articles

Kremlin Foe Alexei Navalny Jailed For 20 More Days After Finishing 30 Day Term

Tsarizm Staff

Ukraine To Likely Extradite Saakashvili To Georgia

Tsarizm Staff

Russian Church Official Wonders…Where Are The Real Men? All We Get Are Scrawny Chickens

Tsarizm Staff

Leave a Comment