Date: 8 months ago   Category: Economy

The Central Bank was bought by gold before new sanctions

The Bank of Russia in anticipation of the new anti-Russian sanctions which have come into force on August 22 has set a record on gold purchase. The edition of Bloomberg with reference to information of the International Monetary Fund has reported that for July the Central Bank has got more than 26 tons of precious metal. Now the total amount of gold reserves of the Bank of Russia is 2 170 tons. Financial analysts have assumed that thus Russia has secured itself against negative economic consequences of new sanctions and the subsequent growth of dollar exchange rate. Photo: google.images to Share: bank of Russia purchase sanction Russia gold Central Bank