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Russia’s international reserves grow by $4.8 bln in June — regulator

July 07, 2015, 16:42 UTC+3 MOSCOW

In 2014 they fell by $124.135 billion or 24.4% to $385.46 billion as of January 1, 2015

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© Artyom Korotayev/TASS

MOSCOW, July 7. /TASS/. Russia’s international reserves mostly comprising gold and foreign currency grew by $4.801 billion in June to $361.571 billion, the Central Bank of Russia said on its website on Tuesday.

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).

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