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Russian central bank dumping US dollar-denominated assets at "record pace"

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9 minutes ago, skillzdadirecta said:

So explain the consequences of something like this to a financial idiot like myself.

For such a relatively small amount, absolutely nothing.


However, if Beijing was to do something similar -- in retaliation for tariffs on $500 billion of their exports, for example -- it would lead to an increase in the borrowing costs for US Treasury securities.

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