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Russian Central Bank Buys More Gold In Face Of Tougher Sanctions

by gulfnews.com posted 1year ago 67 views
The Russian central bank added 26.1 tonnes last month. : Russia added more gold reserves in July than any other month this year as it continues to buy up the metal in the face of US sanctions.The Russian central bank added 26.1 tonnes last month, bringing its holdings to 2,170 tonnes, according to International Monetary Fund data compiled by Bloomberg. The stockpile was valued at $77.4 billion (Dh284 billion) at the end of the month, according to the central bank’s website.

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