Russia to Exit U.S. Dollar – Other Countries Likely to Follow
Going for gold: Russia to eliminate US dollar from sovereign wealth fund THIS MONTH amid warning of politics sabotaging currency FILE PHOTO. © Getty Images / Pierre Perrin Russia’s sovereign wealth fund will take a punt on gold and slash $40 billion of US currency entirely out of its investment portfolio amid growing tensions with Washington, the country’s finance minister announced on Thursday. Anton Siluanov said that the National Wealth Fund would reduce its share of dollars to zero within…
