Russia’s Sovereign Wealth Fund Hollowed Out as Liquid Reserves continue to Collapse
The month of May saw more hardship for Russia’s National Welfare Fund as the liquid portion decreased by another -$4 billion, leaving $36.1 billion according to state data released today. For the month a total of 29 tons of gold were reportedly sold, leaving 139. In addition, 11 billion Yuan were sold, leaving 153 billion.
Russia’s Sovereign Wealth Fund Hollowed Out as Liquid Reserves continue to Collapse Read Post »