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RF’s gold, currency reserves lower to $515B during week of Nov 11

Thus, over the week, the reserves lowered by 900 million dollars, or by 0.17 percent

MOSCOW, November 24 (Itar-Tass) —— As of November 18, 2011, the Russian Federation’s international reserves made the amount of 515.1 billion dollars against 516 billion dollars on November 11, the Bank of Russia’s public relations department reports.

Thus, over the week, the reserves lowered by 900 million dollars, or by 0.17 percent.

Earlier, Head of the Bank of Russia Sergei Ignatyev told reporters that during the first half of November the central bank’s net sale of currency made about 0.5 billion dollars.

The international reserves continue falling for the third week running – from October 28, where they made 522 billion dollars. As of early 2011, Russia’s gold and currency reserves made 479.4 billion dollars.