International reserves of the Russian Federation from 9 to 16 October rose to $377,3 billion


MOSCOW, 22 Oct. International reserves of RF as of 16 October was 377,3 billion dollars against 373,8 billion dollars on October 9, according to the Bank of Russia.

Thus, international reserves for the week rose by $ 3.5 billion, or 0.9%.

“The volume of international reserves for the week from 9th to 16th of October grew by $ 3.5 billion, or 0.9%, influenced by the positive exchange rate revaluation”, — said in comments the Central Bank.

International reserves representing highly liquid foreign assets available to the Bank of Russia and the government of the Russian Federation, consist of means in foreign currency, special drawing rights (SDRs), reserve position in IMF and monetary gold.

By the end of 2014 the international reserves of the Russian Federation has decreased in 1,3 times — to 385,46 billion.