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
―
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.