{"id":381616,"date":"2018-10-19T14:19:05","date_gmt":"2018-10-19T13:19:05","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/presstv-russia-selling-off-us-debt-investments-buying-gold\/"},"modified":"2018-10-19T14:19:05","modified_gmt":"2018-10-19T13:19:05","slug":"presstv-russia-selling-off-us-debt-investments-buying-gold","status":"publish","type":"post","link":"https:\/\/rinf.com\/alt-news\/newswire\/presstv-russia-selling-off-us-debt-investments-buying-gold\/","title":{"rendered":"PressTV-&#8216;Russia selling off US debt investments, buying gold&#8217;"},"content":{"rendered":"<div>\n<p><strong>Russia\u2019s Central Bank has persistently sold off its US Treasury bonds and trying to bring down the share of Russian investments in American debt to near zero, reaching merely $14 billion in August from the 2011 high of $180 billion<\/strong><\/p>\n<p>\u201cRussia has almost dropped out of the list of holders of US government debt, being the 54th largest holder,\u201d said Timur Nigmatullin, a broker with Moscow-based Otkritie Bank, one of Russia\u2019s largest commercial banks, as quoted in a RIA Novosti report on Thursday.<\/p>\n<p>\u201cA further sale of US Treasury bonds by Russia will most likely be compensated by buying gold and opening short-term deposits at banks,\u201d he further explained, noting that the reason for liquidating its investments in US debt is not merely due to political differences and Washington-led sanctions on Moscow, but also due to rising interest rates by the US Federal Reserve, which makes American bonds cheaper.<\/p>\n<p>This is while the share of precious&#8230;<\/p>\n<\/div>\n<p> <a href=\"http:\/\/www.presstv.ir\/Detail\/2018\/10\/19\/577451\/Russia-Central-Bank-US-Treasury-bonds-investing-in-gold-US-Federal-Reserve\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russia\u2019s Central Bank has persistently sold off its US Treasury bonds and trying to bring down the share of Russian investments in American debt to near zero, reaching merely $14 billion in August from the 2011 high of $180 billion \u201cRussia has almost dropped out of the list of holders of US government debt, being [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-381616","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/381616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=381616"}],"version-history":[{"count":0,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/381616\/revisions"}],"wp:attachment":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=381616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=381616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=381616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}