Russia looks to its Navy to become world secondMilitary & Defense July 20, 19:10
ExxonMobil disagrees with US Treasury Department’s decision to assess fineBusiness & Economy July 20, 18:45
Putin signs decree on Russia’s navy policy until 2030Russian Politics & Diplomacy July 20, 18:39
Putin personally congratulates human rights champion Alexeyeva on her 90th birthdaySociety & Culture July 20, 18:20
Russian boxer Povetkin reinstated into WBO’s ratings, ranked eighthSport July 20, 18:08
Russia’s Syria campaign spending within current combat training costs — Defense MinistryMilitary & Defense July 20, 17:59
Putin says 80% of Russians friendly to people from different ethnic groupsRussian Politics & Diplomacy July 20, 17:51
Russia to develop cruise missiles capable of striking targets at 1,000km rangeMilitary & Defense July 20, 17:42
Ghost ships and miraculous landscapes of Russia's KamchatkaSociety & Culture July 20, 17:40
MOSCOW, February 20, 21:00 /ITAR-TASS/. Tass) - Russia’s gold and foreign exchange reserves (or the national reserve assets) went up by $2.3 billion over a week from February 8 through February 14, 2014, to stand at $492.5 billion, the External and Public Relations Department of the Central Bank said on Thursday.
Over the preceding week (February 1 - January 7, 2014), the national reserves went down by $8.7 billion, and stood at $490.2 billion.
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. 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.
As of January 1, 2014, the Russian gold and foreign exchange reserves amounted to $509.6 billion.