Russian rocket-system maker produces drone enclosed in missileMilitary & Defense February 28, 11:09
Amnesty International's conclusions on Russia are ‘farfetched’, says ombudsmanRussian Politics & Diplomacy February 28, 9:52
Thousands of people resettle from Arctic to warmer Russian regionsBusiness & Economy February 28, 8:21
Gazprom could be able to build Turkish Stream using project financingBusiness & Economy February 28, 7:10
Finland, Russia have no serious problems in their relations — top diplomatWorld February 27, 21:49
Brazilian colourful CarnivalSociety & Culture February 27, 21:30
Syrian opposition has no dialog partner seeking peace — chief negotiatorWorld February 27, 20:37
About 40 Arctic projects may be in Russia's Yamal backbone zone — governorBusiness & Economy February 27, 19:28
Russian Defense Ministry forms special purpose division near MoscowMilitary & Defense February 27, 19:13
MOSCOW, December 25. /TASS/. Russia’s international reserves fell by $15.7 billion in the week of December 13-19 to $398.9 billion, the Central Bank of Russia reported on Thursday.
During the previous week (December 5-12) the reserves fell by $1.6 billion.
Russia’s international reserves have fallen below the $400 billion mark for the first time since August 2009.
During the crisis of 2008-2009, the country’s international reserves were seen to plummet to as low as $376 billion (mid-March 2009). In late December 2013, the reserves amounted to $511.6 billion.
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 also has two oil wealth funds - the National Welfare Fund ($79.9 billion or 5.5% of GDP) and the Reserve Fund ($88.91 billion or 6.1% of GDP).