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Pravda
Russia buys tons of gold in response to Western sanctions
Russia continues buying large quantities of gold. In July, Russia’s Central Bank purchased 9.1 tons of gold. According to Deputy Foreign Minister Sergei Ryabkov, because of new US sanctions, Russia is forced to start developing a system, within which the dollar will not be needed. Pravda.Ru conducted an interview on the subject with Alexei Vyazovsky, analyst, vice-president of the Golden Mint House.
“Deputy Foreign Minister Sergei Ryabkov said that Russia, in response to new US sanctions, is stepping up efforts to reduce dependence on the US dollar. Some believe that Russia, China and India will completely abjure…