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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Fitch downgrades Russia’s currency ratings

Posted on 05 February 2009

From Rttnews.com: On the whole, Russia’s foreign exchange reserves have tumbled $210 billion from July 2008. Foreign reserves stood at $386.5 billion in January 2009.

Further, capital outflows could continue unabated if inconsistent macroeconomic policies were followed….. Full Article: Source


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