Russia foreign exchange reserves

Tag: Russia foreign exchange reserves

Russia’s Gold Reserves Hit All-Time High of $217.4 Billion

2025-03-20 Niranjan Ghatule

Russia has increased its gold reserves to a record $217.4 billion as of March 1, 2025, with gold now comprising 34.4% of its total foreign exchange reserves. This move aligns with Russia’s long-term strategy of reducing reliance on Western currencies amid geopolitical tensions and sanctions.

Russia’s Gold Reserves Hit All-Time High of $217.4 Billion

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