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Russia's international reserves rise by $8.2 bln over week to $582 bln

Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian Government

MOSCOW, February 29. /TASS/. Russia's international reserves as of February 23, 2024, amounted to $582 bln increasing by $8.2 bln over the week, according to the Bank of Russia.

As of February 16, the volume of reserves amounted to $573.8 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. The target level of the Central Bank for international reserves is $500 bln.