Russia’s international reserves for the week rose by $0.6 billion




The volume of international reserves of the Russian Federation as of 25 August 2017 was $420,5 billion against $419,9 billion on 18 August 2017, according to the materials of the CBR.

“The volume of international reserves as of August 25 was $420,5 billion, having increased within the week by $0.6 billion, or 0.1%, owing to the combined positive impact of a revaluation, monetization of gold and the increase in balances in foreign currency accounts of residents with the Bank of Russia”, – said the Central Bank.

Russia’s international reserves are highly liquid foreign assets available to the Bank of Russia and the Government of the Russian Federation.

The international reserves consist of means in foreign currency, special drawing rights (SDRs), reserve position in IMF and monetary gold.



Russia’s international reserves for the week rose by $0.6 billion 01.09.2017

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