Russian Finance Minister Anton Siluanov said sanctions had frozen about $300 billion out of $640bn that Russia had in its gold and forex reserves. Reuters
Russian Finance Minister Anton Siluanov said sanctions had frozen about $300 billion out of $640bn that Russia had in its gold and forex reserves. Reuters

Business

Economy

Nearly half of Russia's gold and forex reserves frozen due to sanctions

Western countries have imposed unprecedented sanctions on Russia's corporate and financial system in response to its military offensive in Ukraine

Reuters

March 13, 2022