Chinese 100, 50, 20, 10 and 5 yuan bills and Russian 1,000 and 100 ruble bills - Sputnik International
Economy
Get breaking stories and analysis on the global economy from Sputnik.

Putin: Russian Gold and Foreign Currency Reserves Grow

© Sputnik / Pavel Lisitsyn / Go to the mediabankYekaterinburg Non-Ferrous Metals Processing Plant
Yekaterinburg Non-Ferrous Metals Processing Plant - Sputnik International
Subscribe
Putin said that gold and foreign currency reserves grow while the government's Reserve Fund remains at a high level.

Gold ingots - Sputnik International
Away From Dollar: Russia, China to Create Entirely Different Gold Market
MOSCOW (Sputnik) — There is ground to believe that the situation in the Russian economy will be stable, Russian President Vladimir Putin said Sunday.

According to the Russian leader, the government and the Central Bank of Russia are working in close coordination with each other.

"All this gives grounds to believe that the situation in the Russian economy will be stable and, despite the well-known decline in domestic demand, we will work hard to make it rise and become an essential factor in ensuring high rates of economic development," Putin said at a meeting with Pirelli CEO Marco Tronchetti Provera.

He added that Russia will continue to diversify the economy as the current situation encourages it.

"Russia's economy will maintain a good development potential," Putin stressed.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала