Member of the Federation Council Alexey Pushkov is convinced of the correctness of the decision of the Russian authorities to reduce the share of investments in US government securities. He writes about this today, 18 July, on his page in twitter.
In particular, the reduction was about 34 billion dollars. Now the share of the Russian side is 14.9 billion rubles.
«Russia’s investments in US government securities have been reduced by another $ 34 billion and now amount to $ 14.9 billion. This is a serious decrease in dependence on possible US sanctions in the financial sphere. Freezing of Russian assets is not ruled out, as the US ambassador in Moscow said. But now we are taking a smaller risk,» Pushkov writes.
Let’s remind, Russia dropped out of the list of the largest holders of securities of the US government. Now, Russia is not among the top 30 countries in terms of the volume of such investments. In April, the volume was reduced from $ 96.1 billion to 48.7 billion. Now the decline has reached $ 14.9 billion.