Putin Says Russia and China Must Secure Gold and FX Reserves
Gold Core
GoldSeek.com
Wednesday, 28 May 2014
Chinese President Jinping Raises Toast (In Vodka?) With Russian President Putin
Russia and China need to ensure their gold and currency reserves are secure, Russia’s President Vladimir Putin told journalists at the St Petersburg International Economic Forum.
“For us (Russia and China) it is important to deposit those (gold and currency reserves) in a rational and secure way,” he said. “And we together need to think of how to do that keeping in mind the uneasy situation in the global economy.”
Putin also said China and Russia will consider further steps in order to use national currencies in bilateral transactions according to Reuters.
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