Politics

Russia’s central bank cashes in on Iran war windfall to buy forex and gold

Ewan Jones

07.05.2026, 10:16

Moscow will become a net currency buyer for the first time since the Ukraine war started. — Moscow will become a net currency buyer for the first time since the Ukraine war started. Photo Illustration by Maksim Konstantinov/SOPA Images/LightRocket via Getty Images

Moscow will become a net currency buyer for the first time since the Ukraine war started.