Russia’s liquid asset reserves at $55 billion

OSINT team Tochnyi estimates Russia’s liquid asset reserves at $55 billion. Almost all of them are Chinese yuan and gold.

Given the current spending of the Russian government, this will be enough for the current year, but in the future the Kremlin’s “military reserve” will disappear.

Naturally, the Russian leadership will try to partially compensate for its depletion through new taxes and, probably, debt, but these measures are not easy (especially given that the Russian credit rating does not exist in practice), and are fraught with subsequent problems.