Ashford in Fortune: Banks are stopping Putin from tapping a $630 billion war chest Russia stockpiled before invading Ukraine
By
Atlantic Council
On March 3, Emma Ashford was quoted in Fortune on government reserves of foreign currency. “Foreign reserves are a government’s holdings of gold, foreign debt, and foreign currency, which is usually denominated in the world’s most popular coins—dollars, euros, pounds, yen, and yuan. Although a country can hold foreign reserves in its own banks, governments […]