Central banks split over gold: Russia is selling, China is buying - Euronews.com

Central banks split over gold: Russia is selling, China is buying - Euronews.com

Source: Euronews.com

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DW NOTE

Russia is liquidating reserves while the Strait of Hormuz has been effectively closed for eight months and oil sits at $103. That is the monetary policy of a state that cannot fund its war from revenue and has no other liquid assets to sell.

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