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How $300 Billion Of Russian Cash Can Disrupt Global Money Markets

Russia has almost $1 trillion of liquid wealth, Credit Suisse strategist Zoltan Pozsar said.
Russia has almost $1 trillion of liquid wealth, Credit Suisse strategist Zoltan Pozsar said.
Russia still has about $300 billion of foreign currency held in offshore swaps -- enough to disrupt money markets if they are frozen by sanctions or moved suddenly to avoid them.
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