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Russia’s finance minister has admitted the country can’t use nearly half its $640 billion foreign currency war chest because of Western sanctions

 2022-03-15  Leave a Comment on Russia’s finance minister has admitted the country can’t use nearly half its $640 billion foreign currency war chest because of Western sanctions

Russia wants to use its foreign currency reserves as a cushion against economic sanctions imposed by the US and its allies and to prop up its economy.

Source: Russia’s finance minister has admitted the country can’t use nearly half its $640 billion foreign currency war chest because of Western sanctions

Tagged currency, Economics, russia, ww3

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Millions in new lockdown as China faces worst Covid outbreak in two years →
← Russia denied access to $300 bln of its reserves, West trying to make China join sanctions – Siluanov

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