rublestrength

#Russia has started selling its gold reserves to support its budget and stabilize the #RubleStrength amid sanctions and economic pressures. The Central Bank of Russia has begun direct sales of gold from its reserves, worth around $30 billion in 2025 and $15 billion in 2026. This move is seen as a response to the country's financial struggles, with the National Wealth Fund's liquid assets dwindling from $113.5 billion in 2022 to $51.6 billion in 2025 .
The gold sales are part of Russia's efforts to plug budget gaps and maintain financial stability. However, experts warn that this strategy poses long-term risks, as it depletes the country's strategic reserves and increases dependence on asset sales . #WhenWillBTCRebound
Russia's gold reserves are the fifth-largest in the world, with over 2,300 tons stored. The sales are expected to continue, with some predicting that the country's liquid reserves could be exhausted by mid-2026 .$USDC
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