Russian gold and overseas foreign money holdings have shed nearly $ 30 billion or greater than 5 p.c in a single week within the largest drop because the international monetary disaster amid the coronavirus pandemic and crashing oil costs. ...
With oil costs cratering worldwide, President Trump added an additional order to his checklist of govt responses to the coronavirus pandemic: purchase up crude oil and fill the US’ reserves to the brim. ...
Russian gold and overseas forex holdings have elevated to a complete of $ 559.eight billion, in line with the most recent knowledge launched by the nation’s central financial institution. ...
Final week, the IMF issued a stark warning in regards to the international economic system. Whereas most giant Western states are weak to a brand new disaster, Russia has ready its defenses. ...
Russian gold and overseas forex reserves have hit $ 557.5 billion within the first 10 days of the brand new 12 months, in keeping with the newest figures launched by the nation's central financial institution. ...
Warren Buffett’s Berkshire Hathaway now has a large money pile of $ 128 billion after the corporate reported a 14 p.c leap in revenue. That is basically "useless money" as a result of it's not invested into the financial system, says Max Keiser. ...
A brand new oilfield with over 50 billion barrels of crude oil has been found within the south of Iran. The positioning might grow to be the nation’s second largest oilfield and considerably enhance Iran’s confirmed deposits. ...
Russia can stand up to a pointy drop in crude costs because of its adequate gold holdings and the federal government’s efforts to cut back reliance on vitality sources, Russian Finance Minister Anton Siluanov has mentioned. ...
Russia provides $1.four billion to its worldwide reserves in a single week
Posted On Thursday, September 26, 2019 By Russian Opinion. Under RUSSIA Tags: 1.4%, adds, Billion, International, reserves, Russia, week
Russia’s worldwide reserves, which embody its gold and overseas foreign money holdings, have risen to $ 532.6 billion, representing progress of zero.three p.c in a single week, latest information launched by the nation’s central financial institution reveals. ...
Russia’s Ministry of Pure Assets and Setting has estimated the market worth of the nation’s oil reserves at 74.5 trillion rubles ($ 1.2 trillion), which is sort of double the quantity of final yr’s valuation. ...
