Russia Gold Reserve Broke the Record
Russia last year increased its reserves of monetary gold to a record level. According to the Central Bank, they amounted to 2112 tons. In money, this is almost $ 87 billion or about one fifth of all international reserves. Earlier it became known that the Central Bank reduced to a minimum investment in US bonds and the dollar and increased the share of the euro and the yuan. Thus, the Russian Federation is preparing for possible sanctions and problems in the global economy.
The volume of monetary gold in the international reserves of the Russian Federation as of January 1, 2019 amounted to 2,112 tons (67.9 million troy ounces). This is equivalent to $ 86.9 billion, according to data from the Bank of Russia, published on January 18.
Compared with the beginning of last year, the gold reserves increased by 14.9%. As of January 1, 2018, it was 1,838 tons (59.1 million troy ounces). Thus, for the year, the Central Bank acquired 274 tons of gold.
The share of gold in international reserves at the end of last year was 18.6%. At the beginning of last year, this figure was 17.7%. The total amount of reserves increased by 8.3% ($ 35.8 billion) in 2018 and reached $ 468.5 billion.
The Ministry of Finance has not yet published the full statistics on the production of precious metals over the past year, but data for ten months shows an increase. Gold production in Russia in January-October 2018 amounted to 264.99 tons against 261.17 tons in 2017.
In addition to purchases of gold, the Central Bank last year reduced its investments in US Treasury bonds to $ 14.6 billion (as of October 2018). The maximum level of Russian investments in American securities reached in October 2010 and amounted to $ 176.3 billion.
It is worth noting that at least the investments in the US state debt amounted to $ 14 billion. In September-October, it grew slightly, but experts considered this a technical point.
According to experts; another element of the reduction of dollars in reserves is the buildup of assets in other currencies. In the “Review of the Central Bank’s asset management activities in foreign currencies and gold”, which was released in January of this year, it is reported that the share of dollar-denominated assets in gold and foreign exchange reserves decreased from 46.3% on June 30, 2017 to 21.9% on June 30 2018 year.
The share of the euro increased from 25.1% to 32%. The main increase came in the yuan – in the middle of last year it accounted for 16.7% of reserves, whereas a year earlier the share of Chinese currency was 0.1%. The share of other currencies (pound sterling, Japanese yen, Canadian and Australian dollars) also increased from 12.4% to 14.7%.
At the same time, Prime Minister Dmitry Medvedev emphasized that “the dollar is undoubtedly the most important world currency, the most important reserve currency, and there will be no prohibition on the dollar’s circulation in our country, of course, within the limits established by law”.
During his speech at the Gaidar Forum on Wednesday, January 15, he expressed the opinion that the tendency of the world’s refusal to settle in dollars would only increase. In his opinion, the United States itself is provoking dedollarization by its actions.
“A country whose monetary unit is a key reserve currency, it also destroys trust in it,” said Medvedev.
The prime minister added that the paradox of the situation is that the idea of dedollarization receives incentives from the issuer itself.
Russia has joined the “growing number of countries that are fighting back the hegemony of the American currency,” and has achieved some success here, The Wall Street Journal newspaper notes.
“Russia is trying to abandon the dollar at a time when its economy is feeling the pressure of US sanctions, the country is preparing for new restrictions, which are expected to be introduced at the end of this month,” the newspaper writes.
According to the WSJ, “dedollarization, supported by Russian President Vladimir Putin and the Russian Central Bank, should help soften the blow if Western sanctions are aimed at the financial system.”
113 Comments
Gas Inserts Oak Park, MI over at this website
24 January 2021 at 16:22Wow, amazing blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your web site is excellent, as well as the content!
Freeda Bentley
25 January 2021 at 05:12Having read this I believed it was very informative. I appreciate you spending some time and energy to put this information together. I once again find myself spending way too much time both reading and commenting. But so what, it was still worth it!
viagra pill for women
25 January 2021 at 05:34https://viaprescription.com/
Suzy Engard
25 January 2021 at 11:14I’d like to thank you for the efforts you’ve put in writing this website. I really hope to view the same high-grade blog posts by you later on as well. In truth, your creative writing abilities has inspired me to get my very own site now 😉
zippered wallet insert for filofax classic italian leather
25 January 2021 at 15:57We have been a team of volunteers and opening a fresh scheme in your
community. Your internet site offered us with valuable information to operate on. You’ve done an outstanding job and our whole community will be grateful to you.
My homepage; zippered wallet insert for filofax classic italian leather
Mirta Cashin
25 January 2021 at 20:28This website was… how do I say it? Relevant!! Finally I have found something that helped me. Thank you!
cialis
26 January 2021 at 17:18https://cialiswlmrt.com – can i take 1/2 cialis
american fireplace and bbq Clawson, MI go to my blog
27 January 2021 at 15:54Greetings! Quick question that’s entirely off topic. Do you know how to make your site mobile friendly? My weblog looks weird when viewing from my iphone. I’m trying to find a template or plugin that might be able to fix this issue. If you have any recommendations, please share. With thanks!
Lucina Mccormick
28 January 2021 at 08:26Saved as a favorite, I love your web site!
water heater service near me
28 January 2021 at 15:03After a while, regular commenters start to form a community. It starts to feel intrusive to insert yourself.
roto rooter services
28 January 2021 at 16:36Wow that was odd. I just wrote an incredibly long comment but after I clicked submit my comment didn’t show up. Duch Œwiêty Grrrr… well I’m not writing all that over again. Anyways, just wanted to say fantastic blog!
cialis online
28 January 2021 at 20:05https://cialis20walmart.com – cialis en suisse sans ordonnance
Gustavo Wodarski
29 January 2021 at 05:15Right here is the perfect website for anybody who hopes to understand this topic. You understand a whole lot its almost hard to argue with you (not that I personally would want to…HaHa). You definitely put a new spin on a topic that has been written about for ages. Excellent stuff, just great!
generic viagra
29 January 2021 at 20:35viagra covered health ins https://viagwithoutdoctor.com/
Fhnhclice
29 January 2021 at 23:17Voveran Dulcolax mexican online pharmacies [url=https://canadianpharmacy-yy.com/]Imuran[/url] ’
Christoper Tasso
30 January 2021 at 01:17This excellent website truly has all the info I needed concerning this subject and didn’t know who to ask.
Felicitas Swiat
30 January 2021 at 03:58Nice post. I learn something new and challenging on sites I stumbleupon every day. It will always be interesting to read content from other authors and practice a little something from other websites.
AhmdVeima
30 January 2021 at 10:38generic cialis best price canada rx cialis tablets [url=https://impotencecdny.com/]canada pharmacy online orders[/url] ’
JnscAlbug
30 January 2021 at 11:01viagra black to buy in the uk , viagra viagra message board [url=http://erectilejyzd.com/index.php?called=terms]viagra online paypal payment[/url] ’
bifort sildenafil 50 mg prospecto
31 January 2021 at 02:35order tetracycline
get a particpating for viagra
cialis tabletta elado Anete Gix
Elroy Levitt
31 January 2021 at 10:35Great article! We are linking to this particularly great article on our site. Keep up the good writing.
KbbgErag
31 January 2021 at 13:45generic viagra 30 pills 20mg Paxil viagra paypal viagra [url=http://erectilejyzd.com/]discount pharmacy[/url] ’
buy cialis online
31 January 2021 at 22:03https://cialis20walmart.com – cialis 5mg reviews
FmnfVeima
02 February 2021 at 05:51order cialis online no prescription australia how much does cialis cost in canada how to purchase cialis in canada [url=https://impotencecdny.com/info/history.php]wallmart cialis[/url] ’
Rob Miyanaga
02 February 2021 at 17:05Your style is very unique in comparison to other people I’ve read stuff from. Thanks for posting when you’ve got the opportunity, Guess I’ll just bookmark this web site.
Giovanni Poudrier
03 February 2021 at 03:57Pretty! This has been an incredibly wonderful article. Thanks for supplying this info.
Get More Info gardening home
03 February 2021 at 04:38My programmer is trying to persuade me to move to .net from PHP. I have always disliked the idea because of the expenses. But he’s tryiong none the less. I’ve been using WordPress on numerous websites for about a year and am worried about switching to another platform. I have heard good things about blogengine.net. Is there a way I can import all my wordpress content into it? Any help would be really appreciated!
Isidra See
03 February 2021 at 05:25The next time I read a blog, I hope that it won’t disappoint me just as much as this particular one. After all, Yes, it was my choice to read, however I genuinely believed you would have something helpful to say. All I hear is a bunch of complaining about something you can fix if you weren’t too busy searching for attention.
cialis insurance coverage blue cross
03 February 2021 at 06:30buy viagra plus online
generic cialis super active
buy cytotec malaysia Anete Gix
viagra en ligne
03 February 2021 at 06:42necesito comprar viagra copiapo https://sansordonnancemd.com/
Pandora Croissant
03 February 2021 at 12:49I was pretty pleased to uncover this web site. I wanted to thank you for your time just for this fantastic read!! I definitely liked every bit of it and I have you saved as a favorite to see new information on your site.
generic cialis
03 February 2021 at 13:05https://cialis20walmart.com cialis 10 mg tablets
JbbvVeima
03 February 2021 at 21:32canadian drugstore pharmacy online canadian pharcharmy online fda approved
what are cialis soft tabs
04 February 2021 at 01:36viagra shaped pill
where to buy cialis in las vegas
diovan cheap Anete Gix
Clayton Oxenrider
05 February 2021 at 00:25Right here is the right website for everyone who wants to find out about this topic. You realize so much its almost tough to argue with you (not that I actually will need to…HaHa). You definitely put a new spin on a subject which has been discussed for ages. Excellent stuff, just excellent!
Enda Mccally
05 February 2021 at 01:36It’s hard to come by knowledgeable people about this subject, however, you sound like you know what you’re talking about! Thanks
Christian Volpe
05 February 2021 at 11:48Wonderful post! We are linking to this great article on our website. Keep up the great writing.
FqhhVeima
05 February 2021 at 19:56online pharmacy without prescription cheap canadian drugs canadian pharmacies
tadalafil
06 February 2021 at 10:30https://ycialisy.com can buy cialis spain
https://doctorviag.com/
07 February 2021 at 02:56viagra prescription drug us
pfizer viagra 100mg price
can i cut cialis pill in half Anete Gix
Discover More garden soil
07 February 2021 at 04:22As a Newbie, I am constantly searching online for articles that can help me. Thank you
Logan Simoni
07 February 2021 at 10:46After I initially commented I appear to have clicked the -Notify me when new comments are added- checkbox and now every time a comment is added I get four emails with the exact same comment. There has to be an easy method you are able to remove me from that service? Kudos!
Nncsclice
07 February 2021 at 17:33vviagra sample viagra walmart viagra for no prisiption
LbsxVeima
07 February 2021 at 22:01canadian pharmacies-247 generic viagra next day buying prescription drugs canada
buy cialis
08 February 2021 at 06:55which of the following factors can affect blood pressure? signs of asthma. viagra pills Ujxvjuy ndd37n counter effects viagra
Freda Trowbridge
08 February 2021 at 09:57Having read this I thought it was really informative. I appreciate you spending some time and effort to put this content together. I once again find myself spending a significant amount of time both reading and commenting. But so what, it was still worthwhile!
Zane Kwiat
08 February 2021 at 10:03Hey there! I just would like to offer you a big thumbs up for the excellent info you have here on this post. I’ll be returning to your site for more soon.
Jean Gady
08 February 2021 at 20:27You made some decent points there. I checked on the net for more information about the issue and found most individuals will go along with your views on this website.
buy cialis
08 February 2021 at 21:21https://ycialisy.com brand cialis on line
KbcxErag
09 February 2021 at 05:24pharmacy near me canadian pharmacy uk delivery online pharmacy drugstore
Fvfcclice
09 February 2021 at 08:02buying generic viagra online viagra for sale perth bay viagra on line
Kuikestiz
09 February 2021 at 12:40cheap generic viagra canada pharamcy genaric viagra online buy generic viagra with paypal
AhkdVeima
09 February 2021 at 22:04shoppers drug mart pharmacy canadian pharmacy without prescription canadian pharmacy 365
JbnbAlbug
09 February 2021 at 22:54pharmacy on line canadian pharmacies that are legit medicine online shopping
https://dbviagra.com/
10 February 2021 at 10:20how to order cialis from canada
viagra discount coupons
trouver viagra pharmacie Anete Gix
cialis
10 February 2021 at 17:50supplements for high blood pressure frequent urination but no burning and water retention and rheumatoid arthritis. viagra online Iqynvke pbo55i sildenafil copay card
JbbnVeima
10 February 2021 at 19:31cialis vs viagra qual o melhor cialis ramq what is cialis super active
kamagra gel oral
11 February 2021 at 08:56Cheers. A good amount of forum posts. https://www.goldkamagra.com kamagra oral jelly Abyma08
sejarah permainan judi roulette
11 February 2021 at 15:01Spot on with this write-up, I absolutely believe that this site needs far more attention. over under dalam dunia bola I’ll probably be returning to read through more, thanks for the information!
Best SEO Service go to the website
11 February 2021 at 17:43Attractive section of content. I just stumbled upon your blog and in accession capital to assert that I acquire in fact enjoyed account your blog posts. Anyway I’ll be subscribing to your augment and even I achievement you access consistently fast.
FqbbVeima
12 February 2021 at 16:27kentucky laws regarding online payday loans payday loan elk city help to pay off payday loans
Andrea Buckingham
13 February 2021 at 05:49This blog was… how do I say it? Relevant!! Finally I’ve found something that helped me. Thanks a lot!
kamagra
13 February 2021 at 09:26Amazing advice. Thanks. https://www.goldkamagra.com genericshop24 product kamagra oral jelly original Ibdup97
Lyle Seaholm
13 February 2021 at 12:45I couldn’t refrain from commenting. Well written!
Jarred Schares
13 February 2021 at 14:22I really like it when individuals get together and share views. Great website, continue the good work!
hydroxychloroquine generic name
13 February 2021 at 17:01hydrochloquin hydroxychloroquine online hydroxycloquin
LabxVeima
14 February 2021 at 12:47discount cialis online no prescription herbal cialis alternatives hvor kan jeg kГёbe cialis
Letty Becwar
15 February 2021 at 06:16There is certainly a great deal to know about this topic. I like all the points you made.
Media Marketing&Itemid=101
15 February 2021 at 06:17It’s a shame you don’t have a donate button! I’d without a doubt donate to this excellent blog! I guess for now i’ll settle for bookmarking and adding your RSS feed to my Google account. I look forward to brand new updates and will share this website with my Facebook group. Chat soon!
www.kamagramama.com
15 February 2021 at 10:39Whoa plenty of beneficial information. https://www.kamagramama.com best site buy kamagra uk Aqbiw01
boiler repair and maintenance
15 February 2021 at 15:45Enjoyed looking at this, very good stuff, thanks .
oil boiler service and repair
15 February 2021 at 19:43I recently wanted to complete a quick comment in an effort to express gratitude back for people wonderful pointers you will be posting at this site. Time consuming internet investigation has towards the end through the day been rewarded with top quality means to give my guests. I will say that a lot of us readers are truly endowed to exist in an incredible network with biggest reason so many marvellous those with useful hints. I’m quite privileged to own used your webpages and show off toward really more fabulous minutes reading here. Many thanks for lots of things.
zithromax canada
16 February 2021 at 05:15zithromax uses treatments buy azithromycin zithromax zpack and uti
KvaxErag
16 February 2021 at 14:08does bank of america have payday loans instant payday loans in cape town direct express cash advance fee
Fbsgclice
17 February 2021 at 10:09dapoxetine and cialis online cialis generic for sale buy cialis in davenport fl
JbnvAlbug
17 February 2021 at 11:42cash advance in nashville tn 37217 kangaroo payday loans texas car title and payday loans corpus christi
boiler service and repair
17 February 2021 at 14:59Spot up with this write-up, I truly think this website requirements a lot more consideration. I’ll oftimes be again to read additional, thank you that info.
AhbzVeima
18 February 2021 at 03:05guaranteed tribal payday loans difference between cash credit loan and overdraft money loan in cebu city
Mac Folks
18 February 2021 at 06:20Oh my goodness! Incredible article dude! Many thanks, However I am experiencing issues with your RSS. I don’t understand why I can’t join it. Is there anybody else having identical RSS problems? Anybody who knows the answer will you kindly respond? Thanx!!
Squimi
18 February 2021 at 13:53Cultivate you run across again. https://www.goldkamagra.com kamagra shipped from uk Edtfdan
Lannie Reineck
18 February 2021 at 23:30I used to be able to find good advice from your articles.
Squimi
19 February 2021 at 04:43Truly plenty of good knowledge. https://www.kamagradr.com does kamagra come Owxgywh
Cruz Grandberry
19 February 2021 at 04:50Hi there! This blog post could not be written any better! Looking at this article reminds me of my previous roommate! He continually kept preaching about this. I most certainly will send this article to him. Fairly certain he’s going to have a great read. Thanks for sharing!
Locksmith in London
19 February 2021 at 09:18I really like and appreciate your article post.
Penney Maruschak
19 February 2021 at 12:25Everything is very open with a precise explanation of the challenges. It was definitely informative. Your website is very helpful. Many thanks for sharing!
Dwayne Horesco
20 February 2021 at 04:30Your style is very unique in comparison to other folks I have read stuff from. Thanks for posting when you have the opportunity, Guess I will just book mark this site.
Devorah Corner
20 February 2021 at 13:41Way cool! Some extremely valid points! I appreciate you writing this write-up and also the rest of the site is very good.
Auto Insurance Burnaby
20 February 2021 at 13:51I truly appreciate this blog.Thanks Again. Much obliged.
withoutshort.com
20 February 2021 at 22:00Thanks. Ample posts.. https://withoutshort.com
Mariobet yeni giriş adresi
20 February 2021 at 23:32Say, you got a nice blog.Thanks Again. Awesome.
Debt Consplidation
21 February 2021 at 15:40I am so grateful for your article.Really thank you! Great.
Arron Skiff
21 February 2021 at 18:07Very nice post. I absolutely love this website. Continue the good work!
gardening backyard you could check here
21 February 2021 at 19:16I do like the way you have presented this problem plus it really does give me some fodder for consideration. However, from what I have observed, I just trust as the remarks pile on that people today stay on point and don’t get started on a tirade involving some other news du jour. Anyway, thank you for this excellent point and although I do not go along with the idea in totality, I value the viewpoint.
buy cbd
21 February 2021 at 21:54Thank you for your blog post.Really looking forward to read more.
Porn for Women Videos
22 February 2021 at 00:13WONDERFUL Post.thanks for share..extra wait .. …
cbd for sale
22 February 2021 at 01:46Im thankful for the article.Really looking forward to read more. Great.
dog
22 February 2021 at 02:36Wow, great post.Really looking forward to read more. Awesome.
gas boiler replacement near me
22 February 2021 at 17:17Truly the following information is definitely impressive it really helped me along with my children, appreciate it!
buy cbd
22 February 2021 at 17:55Really appreciate you sharing this blog article. Keep writing.
best cbd dog treats
23 February 2021 at 03:19I appreciate you sharing this blog.Much thanks again. Really Cool.
combi boiler engineers near me
23 February 2021 at 14:00Awesome blog! Do you have any tips for aspiring writers? I’m hoping to start my own site soon but I’m a little lost on everything. Would you advise starting with a free platform like WordPress or go for a paid option? There are so many choices out there that I’m totally overwhelmed .. Any suggestions? Thanks!
Chloe Dagen
23 February 2021 at 15:18I really like looking through a post that can make men and women think. Also, thank you for allowing for me to comment!
Công ty TNHH Dòng Vốn
23 February 2021 at 15:35I am so grateful for your blog post. Cool.
www.kamagramama.com
23 February 2021 at 18:39Very good postings. Thanks a lot. https://www.kamagramama.com kamagra kopen limburg Iguqfuv
mobilehome verkopen
23 February 2021 at 23:49Major thanks for the article.Really looking forward to read more. Really Great.
viagra
24 February 2021 at 02:21prix cialis gГ©nГ©rique en pharmacie
supermodel
24 February 2021 at 11:51I cannot thank you enough for the blog.Really looking forward to read more. Keep writing.
XXX Fimls Porn Videos
24 February 2021 at 12:35You made several good points there. I did a search on the topic and found nearly all people will have the same opinion with your blog.
web situs
24 February 2021 at 19:59Can I simply say what a relief to uncover somebody that really understands tipe permainan judi slot This web site is something that’s needed on the web, someone with a little originality!
cialis without prescription
24 February 2021 at 19:59ordering amitriptyline
cialis 10mg cost
cialis 20 mg fiyat Anete Gix
VR Sex Videos
25 February 2021 at 01:40Thanks , I’ve just been looking for information about this subject for ages and yours is the greatest I have discovered so far. But, what about the bottom line? Are you sure about the source?
Roy Maly
25 February 2021 at 09:38Way cool! Some very valid points! I appreciate you penning this post and the rest of the website is really good.
click here to read
25 February 2021 at 12:01Major thankies for the blog post.Really looking forward to read more. Cool.