Wealth

Russia is tripling sales of Chinese yuan from its $45 billion stockpile as energy revenue crashes


Russia is increasing sales of its foreign exchange reserves to plug a hole in its budget as energy revenues crash. The finance ministry said Friday that it will sell 160.2 billion rubles ($2.3 billion) worth of foreign currency from February 7 to March 6. That’s nearly triple the 54.5 billion rubles …

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