Russia’s Reserves Shrink by $3.5 Billion in a Week — Signs of a Cracking Fortress
The Central Bank of Russia has reported a $3.5 billion decrease in its international reserves over the week ending April 25, bringing the total down to $677.8 billion. While Russian officials attribute the drop to “negative revaluation,” the reality is more complex—and more troubling for the Kremlin. In the sanitized language of Moscow’s financial institutions, […]
Russia’s Reserves Shrink by $3.5 Billion in a Week — Signs of a Cracking Fortress Read Post »