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Date: 6 months ago   Category: Business

Other currency: what active reduction of a share of US dollar in reserves of the Central Bank of Russia — RT in Russian is connected with


From July, 2017 to June of the 2018th the Central Bank more than twice reduced a dollar share in the international reserves — to 21.9%. In turn, the volume of assets of the Central Bank in euro increased to 32%, and in yuans grew from 0.1 to 14.7%. As experts explain, thus the regulator wants to minimize negative impact of sanctions of Washington. At the same time at the same time the Bank of Russia follows the general trend of many countries on decrease in dependence on national currency of the USA.

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