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IPMI and Industry News: Industry News

Russia Boosting Gold, Dumping Dollar Reserves

Wednesday, May 15, 2019  
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Russia boosting gold & dumping dollar from foreign currency reserves

In March, the Central Bank of Russia added nearly 18.7 tons of gold to the county’s vast stockpile of the precious metal. The step reportedly brought Russia’s estimated gold holdings to more than 2,170 tons (69,700,000 ounces). - RT.com 05/15/2019

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