Russia’s gold and foreign exchange reserves rise to 600 billion dollars

Moscow, April 13, Russia’s international reserves of gold and foreign exchange increased by 1.2% to reach $600.8 billion.

According to data from the Russian Central Bank, Russia’s international reserves – which include gold and foreign exchange – increased for the period from March 31 to April 7, with an increase of $6.9 billion to reach $600.8 billion, while it recorded until March 31 last year $593.9 billion, and during the past year it decreased. Russia’s international reserves increased by 8.4%, to reach $577.5 billion, and reached an all-time high ($643.2 billion) on February 18, 2022.

Russia’s international reserves consist of gold, foreign exchange, special drawing rights, and reserves in the International Monetary Fund, which are highly liquid foreign assets held by the Central Bank and the Russian government.