Russia Central Bank plans buying Gold from Domestic Market

 

The Central Bank of Russia has stated plans to start buying Gold from the Domestic market. This is as reported by Reuter. The goal is to buy gold from Domestic market starting February 28. This is a measure the apex bank takes to ensure financial stability. 

Meanwhile, the Russian financial market has crumbled as a result of sanctions and embargo placed by western leaders against the country as a result of its president's action to wage war against a sovereign country. 

News has it that Russia has overtaken the Ukrainian Capital and is heading to another city. While many of its citizens are pulling out of the country for their own safety. Moreso, Ukrainian soldiers have continued to act in defense of their country.

On the part of Russia, the President Vladimir Putin has ordered his military command to put the nuclear armed force on high alert. As the Ukrainian fighters defending Kharkiv had successfully repelled an attack by Russian armed forces.