Russia’s decision to ditch the US$ from the holdings of the National Welfare Fund (NWF) and switch to other currencies reflects geopolitical dynamics as the Putin administration responds to US-led threats of sanctions – but the decision threatens to expose the portfolio to higher levels of risk.The US$186 billion sovereign...
Russia’s decision to ditch the US$ from the holdings of the National Welfare Fund (NWF) and switch to other currencies reflects geopolitical dynamics as the Putin administration responds to US-led threats of sanctions – but the decision threatens to expose the portfolio to higher levels of risk.The US$186 billion sovereign...