Categories Business Russia continues US debt dump-a-thon Posted on Posted onJanuary 20, 2022January 20, 2022By Editor Once a major holder of US Treasuries, Moscow started the sell-off of American government-issued securities in 2017 … Read More >Russia continues US debt dump-a-thon
Categories Business Russia saving gold & kopeks for rainy day Posted on Posted onDecember 21, 2021December 21, 2021By Editor Russia’s forex reserves have surged $2.7 billion in the week through December 10, with total holdings amounting to $622.8 billion, according to data revealed by the country’s Central Bank. … Read More >Russia saving gold & kopeks for rainy day
Categories Business Russia stocks up as reserves rise to historic rate Posted on Posted onNovember 18, 2021By Editor Russia’s international reserves rose to an unprecedented $623.2 billion last month, setting a historic record, data released this week by the country’s Central Bank shows. … Read More >Russia stocks up as reserves rise to historic rate
Categories Business Russia’s foreign exchange reserves top all-time high, up by over $17 BILLION in August Posted on Posted onSeptember 8, 2021September 8, 2021By Editor Russia’s gold and foreign currency holdings have risen to a record high of $618.1 billion as of September 1, according to data published by the country’s central bank. … Read More >Russia’s foreign exchange reserves top all-time high, up by over $17 BILLION in August
Categories Business Russian banks nearly double profits in first half of 2021 – central bank Posted on Posted onAugust 25, 2021August 25, 2021By Editor The net profit of Russian lenders in January-July totaled 1.429 trillion rubles ($19.2 billion), which is nearly twice their earnings in the same period last year, the Central Bank of Russia reported. … Read More >Russian banks nearly double profits in first half of 2021 – central bank
Categories Business Russians dump US dollar savings in favor of euro & other foreign currencies Posted on Posted onAugust 14, 2021August 14, 2021By Editor The Central Bank of Russia purchased $196 million worth of foreign currency on the domestic market on Thursday amid a surge in currency sales among Russian citizens. … Read More >Russians dump US dollar savings in favor of euro & other foreign currencies
Categories Business Russian central bank warns domestic stock exchanges against crypto-related funds Posted on Posted onJuly 27, 2021July 27, 2021By Editor The Central Bank of Russia (CBR) advised domestic stock exchanges not to admit the shares of companies related to cryptocurrencies due to the high volatility, low transparency, and other risks crypto poses. … Read More >Russian central bank warns domestic stock exchanges against crypto-related funds
Categories Business US dollar grabs bigger share in global currency reserves, but broader trend indicates shift away from greenback Posted on Posted onJuly 3, 2021July 3, 2021By Editor The share of the US dollar held by global central banks totaled 59.5% from January through March, up from 58.9% recorded in the previous quarter, according to data revealed by the International Monetary Fund (IMF). … Read More >US dollar grabs bigger share in global currency reserves, but broader trend indicates shift away from greenback
Categories Russia Don’t buy crypto! Russian central bank warns against investing in volatile digital currencies, citing risk of ‘enormous’ losses Posted on Posted onJune 23, 2021June 23, 2021By Editor Online-only assets like Bitcoin and Ethereum have become a lucrative opportunity for millions of savvy amateur investors, but now Russia’s central bank is warning people to steer clear of what could end up being a very risky buy. … Read More >Don’t buy crypto! Russian central bank warns against investing in volatile digital currencies, citing risk of ‘enormous’ losses
Categories Business China’s foreign exchange reserves soar to $3.2 TRILLION Posted on Posted onMay 10, 2021May 10, 2021By Editor Beijing has continued to increase its foreign exchange reserves – already the world’s largest – boosting them by $28.15 billion in April from a month earlier, to a total of $3.198 trillion. … Read More >China’s foreign exchange reserves soar to $3.2 TRILLION
