The international reserves of the Russian Federation from 7 to July 14 rose by $1.7 billion

Moscow. July 20. INTERFAX.RU – Russia’s International reserves on July 14 was $412,6 billion, said the Bank of Russia.

As of 7 July, the international reserves amounted to $410,9 billion Thus, for a week, they increased by $1.7 billion.

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, unit of account used by the International monetary Fund, IMF) reserve position in IMF and other reserve assets.