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home / news releases / RUSS - Russian Foreign Exchange Reserves And External Debt


RUSS - Russian Foreign Exchange Reserves And External Debt

As recently posted by me on Twitter, here are three charts showing the evolution of Russian foreign reserves and external debt:

Remember the incessant meme in the Western media about Russia eminently in danger of running out of sovereign wealth funds back at the start of the Western sanctions in late 2014? Well, the chart above puts that to rest. It turns out, Russia did not run out of the reserves, and instead quite prudentially used funds available to carefully support some economic adjustments (especially in agriculture and food sector), while simultaneously balancing out its

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Stock Information

Company Name: Direxion Daily Russia Bear 3x Shares Direxion Shares ETF Trust
Stock Symbol: RUSS
Market: NYSE

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