CBR sharply translated its assets from the United States to China
For 2018, the Central Bank of Russia sharply changed the geographical distribution of its assets in foreign currency and gold. So, the share of American assets fell sharply - from 29.9% of all reserves of the Central Bank to 9.7%, the Bank of Russia annual report says. At the same time, Chinese and Japanese assets of the Central Bank - from 2.6 to 14.1% and from 1.5 to 7.5%, respectively, increased sharply. In Finland, the share of assets increased from 0.9 to 1.8%.