Russia’s foreign exchange and gold reserves rose to $581 billion

The CBR data showed that Russia’s gold and foreign exchange reserves rose last week by $5.8 billion, or 1%, and the reserves reached about $581 billion.

According to the Central Bank of the Russian Federation, Russia’s international reserves in the week ended August 12 amounted to $580.6 billion compared to $574.8 billion on the 5th of the same month.

Russian reserves reached their maximum level on February 18, 2022, when they amounted to $643.2 billion. Russia’s international reserves are highly liquid foreign assets, including foreign exchange, gold and special drawing rights.

Source: Prime

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