"I have never wished to cater to the crowd; for what I know to be true they do not approve, and what they approve I know to be false." - Epicurus

Russia Favors Euro Over Dollar

100 Euro banknote

RUSSIA FAVORS EURO OVER DOLLAR: According to Pravda, “the U.S. dollar is not Russia’s basic reserve currency anymore.” Though dollar-based assets at Russia’s central bank are still substantial at over 40%, they are dropping and have now been exceeded by Euro-based assets.

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