Russia says nearly half its reserves are frozen, counts on ties with China

LONDON: Russia said on Sunday that it was counting on China to help it withstand the blow to its economy from Western sanctions, which it said had frozen nearly half of its gold and foreign currency reserves. “We have part of our gold and foreign exchange reserves in the Chinese currency, in yuan. And we see what pressure is being exerted by Western countries on … Continue reading Russia says nearly half its reserves are frozen, counts on ties with China