Today, the Fair Russia faction submitted to the State Duma a draft law on amending the Budget Code of the Russian Federation. The essence of this bill is to ban the placement of national welfare funds in bonds and other US securities.- he said.
Well, if we start counter-sanctions, then let's start with this- added Mironov.
The State Duma on Tuesday will consider in its first reading a draft law on retaliatory measures against unfriendly actions of the United States with respect to Russia, as well as criminal liability for the observance of US sanctions in the territory of the Russian Federation.
The international (gold) reserves of the Russian Federation are highly liquid foreign assets held by the Bank of Russia and the government of the Russian Federation. The reserves consist of monetary gold, special drawing rights (SDRs), a reserve position in the IMF and funds in foreign currency (other reserve assets). Over the 2017 year, the international reserves of the Russian Federation grew by 14,6% and on 1 in January 2018 amounted to 432,7 billion dollars.
According to the annual report of the Bank of Russia, the share of the euro in its reserves over the past year fell immediately by the 10,5 percentage point - to 21,7% from 32,2%. However, the share of the dollar has increased - up to 45,8% from 40,4%; the share of gold increased to 17,3% from 15,2%, pound sterling - to 8,3% from 7,6%, other currencies - to 7% from 4,6%, reports RIA News