Russia Holds More Gold Reserves Than the US Dollar

The Kremlin is gradually showing the world that de-dollarization is nearer than many think

Meziechi Nwogu
DataDrivenInvestor
Published in
3 min readFeb 8, 2022

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Image Credit: CNBC

According to the latest data from the Bank of Russia, Russia’s central bank, the Kremlin, holds more gold reserves than the US Dollars. It is a warning to the United States that Russia is willing to risk de-dollarizing its…

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