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Russia's international reserves up to $609.5bn in 2024, but the NWF down by over a trillion rubles to RUB3.8 trillion
Russia's international reserves were reported at $609.5bn as of January 3, a fall of $1.8bn from the previous week but up ...
Oil producers rush to hedge as US sanctions on Russia send prices higher
Energy producers have rushed to lock in oil prices since the United States announced its harshest sanctions yet on Russian ...
Trump Treasury pick Bessent backs US Fed independence, dollar, sanctions on Russian oil
Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.
Russia is on pace to run out of financial reserves by this fall, which would cripple war efforts, economist says
Russia has spent most of its National Wealth Fund in the past few years, with liquid funds potentially being depleted in 2025 ...
Oil prices climb on supply fears, Fed rate cut hopes
Brent crude futures rose 13 cents, or 0.2%, to $81.42 per barrel by 0113 GMT, after declining 0.9% in the previous session. U.S. West Texas Intermediate crude futures were up 27 cents, or 0.3%, to $78 ...