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Russia wants to buy currency from
Hospodárstvo

Yuan in favorites. Russia acquires the currencies of "friendly countries" for $ 70 billion - Bloomberg

By Victor Duda
Russia wants to buy currency from "friendly countries" to restrain the growth of ruble. The Russian authorities are considering the purchase plan this year $ 70 billion in Yuan and other currencies of "friendly" countries to slow down the ruble increase. Bloomberg writes about it. Further, Russia plans to spend these funds, as well as existing reserves in Yuani on investment in the economy.

Video day, this initiative is one of a number of measures that mean the actual rejection of more than a ten -year economic policy based on the accumulation of dollar savings and euros. According to the agency, the Kremlin is reviewing its strategy in the context of large -scale sanctions imposed by the United States and their allies after the invasion of the Russian Federation into Ukraine.

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