International reserves of Russia decreased within the week by $0.5 billion

Moscow. December 10. Russia’s international reserves on December 4, 2015 $ $364,4 billion, reported on Thursday the press service of the Bank of Russia.

Meanwhile, as of 27 November, the international reserves of the Russian Federation amounted to $364,9 billion So during the week they fell by $0.5 billion.

“International reserves during the week of 27 November to 4 December decreased $0.5 billion, or 0.1%, influenced by negative exchange rate and market revaluation, while maintaining a positive effect on the volume of reserves of return of banks-residents of liquidity in foreign currency”,- said in comments the CBR.

International reserves are highly liquid financial assets held by the Bank of Russia and the government of the Russian Federation. International reserves consist of assets in foreign currency, monetary gold, special drawing rights (SDRs, special drawing rights, a monetary unit used by the International monetary Fund, IMF) reserve position in IMF and other reserve assets.