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Russia's gold and foreign exchange reserves rise during the first week of April

2022-04-14T15:49:01.059Z


Moscow, SANA- Data from the Russian Central Bank showed that the country’s international reserves, which include gold and foreign cash, are


Moscow-Sana

Data from the Russian Central Bank showed that the country's international reserves, which include gold and foreign exchange, rose from the 1st of April to the 8th of this month by 2.9 billion dollars.

And the website of Russia Today quoted the bank as saying that the country's international reserves amounted to 609.4 billion dollars on April 8, and thus they increased in a week by 0.5%.

Russia's international reserves are highly liquid foreign assets, including foreign exchange, gold, and special drawing rights, and during the year 2021, reserves increased by 5.9 percent.

After Russia launched a special military operation to protect Donbass at the end of last February, Western countries imposed sanctions on Moscow, which included freezing part of its international reserves. However, the Russian economy was not affected in the way that Western countries tried to do.

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Source: sena

All business articles on 2022-04-14

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