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Capitalist

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Capitalist

Re: Relentless Despot post# 42268

Monday, 01/26/2015 11:00:53 AM

Monday, January 26, 2015 11:00:53 AM

Post# of 42555
Well they are dumping dollars as well as other currencies, but I don't think it's by choice. Their foreign reserves have dropped by over 20% in a year to below $400 billion. It looks like they're straining to meet their trade obligations. They're buying gold too, but not much relative to their spending of reserves.

http://cbr.ru/eng/hd_base/default.aspx?Prtid=mrrf_m

Visit the FOREX trading crew at #board-5125

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