Russia sells gold reserves for 6th straight month as budget deficit hits 6 trillion rubles

Russia's central bank has been selling gold from its reserves for six consecutive months to cover a growing federal budget deficit. In the first half of the year, the deficit reached nearly 6 trillion rubles (approximately 289 billion PLN). The move signals mounting financial strain on the Kremlin driven by the ongoing cost of the war.

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🪖 Military Russia sells gold for sixth straight month — a 25-year record — to fund the war Interia Fakty · 3d ago 📈 Business Russia sells 43+ tonnes of gold in 2026 — China likely the main buyer Bankier.pl · 4d ago 📈 Business Russia's fuel price collapse may force its central bank into drastic rate hikes Onet Wiadomości · 26d ago

More on this topic

🪖 Military Russia sells gold for sixth straight month — a 25-year record — to fund the war Interia Fakty · 3d ago 📈 Business Russia sells 43+ tonnes of gold in 2026 — China likely the main buyer Bankier.pl · 4d ago 📈 Business Russia's fuel price collapse may force its central bank into drastic rate hikes Onet Wiadomości · 26d ago