4 ms·
The article said the reason for tapping into the reserves was to buy votes before midterms
by rs999gti 4y ago
The article said the reason for tapping into the reserves was to buy votes before midterms
- christkv 4y agoSure but then why sell to China and not Europe
- _heimdall 4y agoSelling the reserve for votes is just a play to lowering prices short term. It doesn't really matter who the buy is at that point since the market is so globalized. There's also the potential that selling to China was a nice way to test the waters and see if that impacted Russian sales at all, but the reserve is auctioned off so that may not play a factor at all in the actual sale.