Sunday , July 12 2020
Home / policy / Russia has reduced international reserves

Russia has reduced international reserves

У России сократились международные резервы

The volume of international reserves of Russia decreased from 16 to 23 August 2019, $700 million to $527,7 billion, follows from the materials of the Central Bank of the Russian Federation.

The regulator said that the reserves fell “under the prevailing influence of negative, substantially offset by operations on the domestic market, including the purchase of foreign currency in the framework of the budget rules.”

A week earlier, the reserves added $1.3 billion.

Recall that in July, Russia’s international reserves increased by 0.3% to $519,797 billion on August 1 with $518,3 billion on 1 July 2019.

Thus, for comparison, China’s foreign exchange reserves, the largest in the world, dropped in July to $15,54 billion at the end of the month amounted to $3,104 trillion.

© 2019, paradox. All rights reserved.

Check Also

More than 60% of Russians said that their welfare will worsen in 2020

The majority of Russians still dominated by pessimistic mood about the prospects for their well-being …

Leave a Reply

Your email address will not be published. Required fields are marked *