Trump potentially ready to meet with Putin at APEC summitWorld October 23, 20:44
Mancini unlikely to drop Russia’s Zenit for West Ham — Italian ex-striker VialliSport October 23, 20:05
Volkswagen and Daimler inspected in European Commission’s antimonopoly probesBusiness & Economy October 23, 19:40
Baltic Fleet corvettes on long-distance voyage pass through English ChannelMilitary & Defense October 23, 18:56
South Korean chain to open 33 movie theaters in MoscowBusiness & Economy October 23, 18:41
Russian MP blasts Riga’s educational language reform ploy as ‘linguistic genocide’World October 23, 18:28
Collector robbed of masterpieces by top Russian artists worth over half a million dollarsSociety & Culture October 23, 18:04
Russian expert calls Trump's decicion to quit UNESCO irresponsibleWorld October 23, 18:03
Russian anti-doping agency’s chief says all WADA’s reinstatement criteria metSport October 23, 17:50
MOSCOW, January 22. /TASS/. Russia’s international reserves mostly comprising gold and foreign currency declined by 2.85% in the week of January 10-16 to $379.4 billion over negative exchange rate revaluation and the regulator’s currency interventions, the Central Bank of Russia said on Thursday.
“Russia’s international reserves contracted in the week of January 10-16, 2015 largely due to the negative exchange rate revaluation,” the Bank of Russia press office reported.
“The Bank of Russia’s currency interventions, operations for foreign currency provision on a repayable basis and currency swap transactions also contributed to the dynamics of international reserves,” the press office said.
During the crisis of 2008-2009, the country’s international reserves were seen to plummet to as low as $376 billion (mid-March 2009).
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’s international reserves fell by $124.135 billion or 24.4% in 2014 to $385.46 billion as of January 1, 2015.