Name: Dedollarizing | Russian wealth fund gets rid of the US dollar over sanctions threat
Uploaded: 2021-07-08T13:27:52+00:00
Duration: 1 min 43 s
Description: Russia’s National Wealth Fund is done with the dollar as its structure is now 40% euro, 30% Chinese yuan, and 20% gold. The remainder consists of Japanese yen and British pounds sterling. The decision

2 years ago

RT Russia Today happening now news current events Russia's wealth fund Russia's National Wealth Fund Russia U.S. dollar investments Russia Chinese yuan Russia Gold Russia Euro

Russia’s National Wealth Fund is done with the dollar as its structure is now 40% euro, 30% Chinese yuan, and 20% gold. The remainder consists of Japanese yen and British pounds sterling. The decision was partly driven by the issue of sanctions being used against the country.

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