All news

Russia’s international reserves up $9.1 bln to $550.1 bln over week — Central Bank

The target level for international reserves set earlier by the Central Bank amounts to $500 bln

MOSCOW, November 3. /TASS/. Russia’s international reserves gained 1.7% or $9.1 bln over the week and amounted to $550.1 bln as of October 28, 2022, the Central Bank said on Thursday.

Reserves equaled $541 bln as of October 21 of this year.

The target level for international reserves set earlier by the Central Bank amounts to $500 bln.

Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian Government. They comprise foreign currency, Special Drawing Rights (SDRs), a reserve position in the International Monetary Fund and monetary gold.