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N e w s
MAY 14, 2001 ![]() Russia Entered the 20th Countries with Solid Gold Reserves Russia entered the 20th countries with solid gold reserves. CBR owns much gold than Poland does. According to projections of analysts Russian gold volumes will soon exceed that of Canada and Thailand. And that means ruble devaluation is inevitable.
According to experts of Center for Economical Analysis (CEA) of Interfax agency based on IMF statistics Russian Federation with $32.3 bn ranks as 19th in the prestigious chart. The 20th is Poland with $28 bn. It does not export oil, gaz and precious metals, so it has less source of financing. Still the fact is an honourary one.
Source: Gazeta.ru
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