#Gold Reserves

The official dollar rate reached a record 45.67 UAH on November 4. The NBU attributes the jump to seasonal demand and port blockades, while investment banker Taras Kozak argues the regulator could have smoothed the peak and avoided panic.

In September 2026, Russia reduced its gold reserves to a low not seen since 2019 amid a budget deficit and war spending against Ukraine.

China cut its holdings of US Treasury securities to $633.4 billion in June 2026 — the lowest level since September 2008. Meanwhile, the People's Bank of China has been building its gold reserves for the 21st consecutive month.

The Central Bank of Russia sold a record 44 tons of gold in six months to cover a budget hole of 6 trillion rubles. Experts link this to the need to fund the war against Ukraine. 💰📉🇷🇺