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30Jul15

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Russia's international reserves grew by $100 mln over week -- Central Bank

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Russia's international reserves mostly comprising gold and foreign currency grew by $100 mln in the week of July 17-26 to $358.3 bln, the Central Bank said on Thursday.

Russia's international reserves are highly liquid foreign assets managed by the Central Bank of Russia. They comprise foreign currency, Special Drawing Rights (SDRs), a reserve position in the International Monetary Fund and monetary gold.

Russia's international reserves fell by $124.135 billion or 24.4% in 2014 to $385.46 billion as of January 1, 2015.

During the crisis of 2008-2009, the country's international reserves were seen to plummet to as low as $376 billion (mid-March 2009).

[Source: Itar Tass, Moscow, 30Jul15]

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This document has been published on 31Jul15 by the Equipo Nizkor and Derechos Human Rights. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.