Russia becomes world's largest buyer of gold in 2019

Russia's gold reserves have been growing at a record pace lately. The Bank of Russia purchased 55.3 tons of gold in the first quarter of 2019 and thus reached the level of 2,168.3 tons of gold

Russia to conduct major monetary reform

The Russian authorities intend to struggle against the corrupt turnover of cash rubles. The corrupt turnover of cash money is used to evade taxes and keep "shadow" savings.