The volume of international reserves increased by 1.3 billion dollars and was 370,2 billion dollars, has informed Bank of Russia. By the end of 2014 the international reserves of the Russian Federation has decreased in 1.3 times.
MOSCOW, 31 Dec. International reserves of the Russian Federation as of 25 December was 370,2 billion dollars against 368,9 billion dollars on 18 December, said the Bank of Russia.
“The volume of international reserves increased during the week from 18 to 25 December at $ 1.3 billion, or 0.4%, as a result of positive exchange rate and market revaluation and return to the Bank of Russia liquidity in foreign currency by banks – residents”, — is spoken in the message of 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.