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

BREAKING: Moscow FSB Directly Blames US, UK, Ukraine For Terror Attack

Tsarizm Staff

Telegram Messenger Could Start Testing Crypto Platform In September

Tsarizm Staff

Trump Cancels G-20 Summit With Putin

Tsarizm Staff

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!