Russia's cash and gold reserves rise to $581 billion

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Russia's cash and gold reserves rise to $581 billion

 

Arabic and international
   

Economy News / Baghdad

Data from the Russian Central Bank showed that Russia's foreign exchange and gold reserves rose last week by $5.8 billion, or 1%, and reserves amounted to about $581 billion .

According to the data of the Russian Central Bank, Russia's international reserves amounted to 580.6 billion dollars in the week ending August 12, compared to a level of 574.8 billion dollars recorded on the 5th of the same month .

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

 

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Added 08/18/2022 - 6:32 PM

Update 08/19/2022 - 6:16 PM