Russian members of VE Day motorbike rally not allowed into PolandWorld May 01, 1:55
Russian traveler reaches South Africa by motorbikeSociety & Culture May 01, 0:49
Ukraine blows money by building dam to cut Crimea off water — Russian lawmakerRussian Politics & Diplomacy May 01, 0:41
Some 150,000 motorsport fans attend F1 racing weekend in Russia’s SochiSport May 01, 0:39
Putin, French ski legend Jean-Claude Killy join ice hockey training session in SochiSport April 30, 21:09
Putin awards Valtteri Bottas with Russian F1 GP TrophySport April 30, 18:02
FIA Formula One 2017 Russian Grand Prix boosts off in SochiSport April 30, 15:23
Merkel to pay first visit to Russia in two years for talks with PutinWorld April 30, 14:40
Passenger plane crashes in CubaWorld April 29, 22:49
MOSCOW, May 10 (Itar-Tass) - Russia's gold and foreign exchange reserves plunged by 0.4 billion dollars (or by 0.73 percent) from 523.3 billion dollars to 522.9 billion dollars as of April 27-May 4, the External and Public Relations Department of the Central Bank said on Thursday.
The level of gold and foreign exchange reserves totaled 498.649 billion dollars as at January 1.
The record level of Russia’s gold and foreign exchange reserves—598.1 billion dollars was set on August 8, 2008.
Foreign exchange and gold reserves are external assets controlled by the monetary authorities and may be used for financing balance-of-payments deficits, for interventions in currency markets affecting the national currency's rates or for similar purposes.
Foreign exchange and gold reserves are highly liquid foreign assets at the disposal of the Bank of Russia and the Russian government on a certain date. They comprise monetary gold, Special Drawing Rights, reserves with the International Monetary Fund, and foreign currency.