Putin Says Russia and China Need to Secure Their Gold and Currency Reserves!
- Putin says Russia and China need to secure their gold and currency reserves!
by Reporting by Alexei Anishchuk and Paul Ingrassia, writing by Jason Bush
Russia May 24 (Reuters) – Russia and China need to ensure their gold and currency reserves are secure, Russia’s President Vladimir Putin told foreign journalists at the St Petersburg International Economic Forum.
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“For us (Russia and China) it is important to deposit those (gold and currency reserves) in a rational and secure way,” he said. “And we together need to think of how to do that keeping in mind the uneasy situation in the global economy.”
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Putin also said China and Russia will consider further steps to shift to use of national currencies in bilateral transactions.
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