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Over the week Russia’s international reserves decrease $ 1.8

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Over the week Russia’s international reserves decrease $ 1.8
November 14
13:00 2019

The Bank of Russia has reported on the volume of international reserves of the Russian Federation. As of November 8, their volume amounted to 541.1 billion US dollars.

We recall that on November 1, a similar figure was 542.9 billion US dollars.

Consequently, in just a week, the decrease has totaled $ 1.8 billion.

What are international reserves? These are highly liquid financial assets managed by the government of the Russian Federation and the Bank of Russia. These include assets in foreign currency, special drawing rights, reserve positions in the IMF and monetary gold.

 

 

The material was prepared with the participation of Katya Wilson,
a leading analyst of the brokerage company UFT Group

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