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20 Mar, 13:46

Russia's international reserves rise by $2.8 bln over week to $641.9 bln

As of March 7, total reserves amounted to $639.1 bln

MOSCOW, March 20. /TASS/. Russia's international reserves 2025 amounted to $641.9 bln as of March 14 having increased by $2.8 bln in a week, according to the Bank of Russia.

"As of the end of the day on March 14, 2025, international reserves stood at $641.9 bln, marking an increase of $2.8 bln, or 0.4%, over the past week, primarily due to positive revaluation effects," the regulator stated in its report.

As of March 7, total reserves amounted to $639.1 bln.

Russia’s international reserves, which comprise highly liquid foreign assets available to the Bank of Russia and the Russian government, include foreign currency holdings, special drawing rights, the reserve position in the International Monetary Fund, and monetary gold.

Following the onset of Russia’s special military operation in Ukraine, Western nations imposed sanctions on the Bank of Russia. In addition to freezing Russia’s gold and foreign exchange reserves, the sanctions prohibited all transactions related to the management of the central bank’s reserves and assets, as well as any dealings with legal entities, organizations, or bodies acting on behalf of or at the direction of the Bank of Russia.