MOSCOW, July 7. /TASS/. Russia’s international reserves dropped by $1.76 bln or by 0.3% and amounted to $582.418 bln as of July 1, 2023, the Central Bank said on Friday.

International reserves stood at $584.121 bln as of July 1 of the last year.

Currency reserves gained 0.26% to $439.503 bln. Monetary gold lost 2% in reserves over the month and amounted to $142.915 bln.

Russian 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.