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Sale of 44 tons of gold
Russia Sells Off Gold at Record Pace: Central Bank Unloads 44 Tons in Six Months

Russia's Gold Reserves Shrink in 2023 In the first half of 2023, the Bank of Russia sold roughly 44 tons of gold, marking the largest such sell-off in 25 years. The Moscow Times reported this development on July 21, 2023. Amid economic pressures, Russia's federal budget deficit reached nearly 6 tril...

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