Russia’s Central Bank Stops Buying Gold As The Low Oil Price Bites |
April 01, 2020 | April 2020 Bond Updates |
Russia’s heavy reliance on oil to balance its budget could lie behind a sudden shift by the country’s central bank from buying locally mined gold to encouraging miners to export what they can. |
View more at: https://www.forbes.com/sites/timtreadgold/2020/04/01/russias-central-bank-stops-buying-gold-as-the-low-oil-price-bites/ |
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