Russia foreign currency

Russia's reserves have plummeted $38B since invading Ukraine
Global Economy

Russia's reserves have plummeted $38B since invading Ukraine

Reasons for the decline include interventions, foreign exchange refinancing, and a currency revaluation of assets, according to the bank

Since 2018, Xi has called Putin his ‘best friend,’ but the friendship remains a wary one. Photo: Reuters
Global Economy

Russia says nearly half its reserves are frozen, counts on ties with China

Photo :TASS
World+Biz

Putin requests selling 80% of foreign currency earnings starting 28 February, says decree