Read also
- S&P affirms Russia’s "BB+" sovereign credit rating, outlook remains negative
- Russia’s international reserves fall by $5.5 billion over week — Central Bank
- Russia’s economy will stagnate in coming 5 years — ex-minister
- Capital outflow from Russia will stand at $90 bln maximum in 2015 — Finance Minister
- Russia’s international reserves plummet by $16 billion in February — central bank
MOSCOW, April 23. /TASS/. Russia’s international reserves mostly comprising gold and foreign currency fell by $3.6 billion in the week of April 10-17 to $350.5 billion, the Central Bank said on Thursday.
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.
During the crisis of 2008-2009, the country’s international reserves were seen to plummet to as low as $376 billion (mid-March 2009).