Russia dumped US treasuries to keep reserves safe – central bank

Russia dumped US treasuries to keep reserves safe – central bank

The Central Bank of Russia (CBR) commonly factors in all kinds of risks when allocating the country’s reserves, said the CBR chief, commenting on a major sell-off of US Treasury bonds. “We pursue the policy of safe and diversified holdings,” CBR Governor Elvira Nabiullina said while answering questions before Russia’s lower house of parliament.

0
Like
Save