Thursday , February 2 2023
Kwork.ru - услуги фрилансеров от 500 руб.
Home / WORLD / Russia’s gold & foreign currency reserves rise by almost $5 BILLION in just one week

Russia’s gold & foreign currency reserves rise by almost $5 BILLION in just one week

The regulator says the country’s international reserves rose by $4.9 billion from October 8, as a result of positive revaluation as well as foreign currency purchases within the budget rule.

The holdings of monetary gold increased by 0.14% last month to 73.9 million ounces (2,298.547 tons) as of October 1, the bank reported earlier.

Kwork.ru - услуги фрилансеров от 500 руб.

The central bank has been steadily diversifying the country’s international holdings, cutting its share of US dollars in favor of gold and other currencies.

© 2021, paradox. All rights reserved.

Check Also

US accuses Russia of violating nuclear treaty – media

US President Joe Biden’s administration has reportedly accused Russia of violating the last remaining nuclear …

Leave a Reply

Your email address will not be published.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