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Russia's international reserves of gold and foreign exchange are rising

2022-06-02T15:26:47.862Z


Moscow, SANA- Data from the Russian Central Bank showed today that Russia’s international reserves of gold and foreign exchange


Moscow-Sana

Data from the Russian Central Bank showed today that Russia's international reserves of gold and foreign exchange increased in the last week of last May by 1.1 percent.

And the TASS news agency quoted the bank as saying in a statement today, "The country's international reserves amounted to 589.6 billion dollars last May, after they increased during the week by 6.2 billion dollars, as a result of raising the positive assessment of Russia."

Russia's international reserves, including gold and foreign currencies, amounted to $583.4 billion on May 20, 2022.

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 2022-06-02

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