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Russia’s international reserves decrease 300 million dollars in the week of January 11-17

MOSCOW, January 23, 22:40 /ITAR-TASS/. Russia’s international reserves decreased by 300 million U.S. dollars in the week of January 11-17, 2014, the Central Bank said on Thursday, January 23.

In December 2013, the country’s international reserves shrank by 5.995 billion U.S. dollars to 509.595 billion U.S. dollars.

Russia’s international (gold and currency) reserves consist of highly liquid foreign assets held by the Central Bank and the government. International reserves are made up of monetary gold, special drawing rights, reserve positions in the International Monetary Fund and other reserve assets.