U.S. Sanctions on Russia Fasten De-Dollarization, Russia SWF Ditches Dollars - SWFI

U.S. Sanctions on Russia Fasten De-Dollarization, Russia SWF Ditches Dollars - SWFI: Russian Finance Minister Anton Siluanov told the St. Petersburg International Economic Forum (SPIEF) told the audience that Russia’s National Wealth Fund will ditch its holdings in dollars, dramatically increase its holdings of Chinese yuan and invest in gold for the first ever time. The wealth fund would divest from US$ 41 billion worth of U.S. […]