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Gold fever. Actually, the Central Bank of Russia injects roubles into the domestic economy by buying up domestic gold production. This is a monetary operation conducted on the books of the central bank and it therefore does not affect the government's fiscal balance. Zero HedgeRussian Gold Reserves Hit Putin-Era High, Buying Frenzy Accelerates Tyler Durden
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Mike Norman considers the following as important: gold production, gold reserves, Russia
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Gold fever. Actually, the Central Bank of Russia injects roubles into the domestic economy by buying up domestic gold production. This is a monetary operation conducted on the books of the central bank and it therefore does not affect the government's fiscal balance. Zero HedgeRussian Gold Reserves Hit Putin-Era High, Buying Frenzy Accelerates Tyler Durden
Topics:
Mike Norman considers the following as important: gold production, gold reserves, Russia
This could be interesting, too:
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Actually, the Central Bank of Russia injects roubles into the domestic economy by buying up domestic gold production. This is a monetary operation conducted on the books of the central bank and it therefore does not affect the government's fiscal balance.