Russia’s international reserves unchanged in first week of 2015 at $386.2 billion
Business & Economy
January 15, 2015, 16:40
The international reserves are at the lowest level since 2009
MOSCOW, January 15. /TASS/. Russia’s foreign exchange and gold reserves remained unchanged in the week of January 2-9, 2015 totaling $386.2 billion, the Central Bank said on Thursday.
Russia’s international reserves are at their lowest level since August 2009.
During the crisis of 2008-2009, the country’s international reserves were seen to plummet to as low as $376 billion (mid-March 2009).
Russia’s international reserves are highly liquid foreign assets managed by the Central Bank of Russia. They comprise foreign currency, Special Drawing Rights (SDRs), a reserve position in the International Monetary Fund and monetary gold.