Russia bolsters military potential in South to respond to emerging threats — defense chiefMilitary & Defense July 26, 16:09
Moscow to frame stance on new sanctions once US bill becomes lawRussian Politics & Diplomacy July 26, 16:03
Kazakhstan hopes to develop its own module for joint space station with RussiaScience & Space July 26, 15:34
EU diplomats move to slap more sanctions on Russia over Siemens turbines furorBusiness & Economy July 26, 15:11
London court binds Ukraine to pay par value of Eurobonds to RussiaBusiness & Economy July 26, 15:05
Siberian scientists suggest using fluorescent proteins to analyze toxicityScience & Space July 26, 14:56
Moscow Zoo’s breeding center home to world's endagered speciesSociety & Culture July 26, 14:53
EC announces readiness to defend European interests against US sanctionsBusiness & Economy July 26, 14:24
Official says it's up to Turkey as NATO member to decide on purchase of Russian S-400World July 26, 14:09
MOSCOW, January 29. /TASS/. The Bank of Russia starts publishing data on sufficiency of international reserves from Friday. According to regulator’s data as of October 1, 2015, gold and currency reserves are nearly five times higher than the three-month import volume (IMF methodology). Reserves are equal to $371.3 bln and the import volume is $78 bln.
Reserve are also sufficient at the same time to cover foreign debt repayments for the nearest year ($134.1 bln), the totality of foreign debt and import payments ($212.1 bln), 20% of commitments included into broad money ($142.3 bln), and the potential outflow of funds if the totality of risks occurs ($179.8 bln).
The Bank of Russia set the task in summer 2015 to increase international reserves to $500 bln in several years if the market situation is favorable. Russia’s international reserves rose $1 bln to $369.3 bln from January 15 to 22, 2016.