International reserves of the Russian Federation from 11 to 18 December fell by $2.3 billion

Moscow. December 24. Russia’s international reserves on December 18, amounted to $368,9 billion, according to the Bank of Russia.

As of 11 December, international reserves amounted to $371,2 billion So during the week they fell by $2.3 billion.

As stated in the comments of the CBR, the amount of international reserves for the week decreased by 0.6% mainly as a result of negative exchange rate and market revaluation.

International reserves are highly liquid financial assets held by the Bank of Russia and the government of the Russian Federation. They 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.