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 Russia's International Reserves Decreased by $ 2.1 Billion This Week Alone

As of October 3, 2014 Russia's international reserves constituted $ 454.7 billion.

This is reported by the press service of the Bank of Russia, Censor.NET informs with reference to Interfax-Ukraine.

Meanwhile, on September 26, Russia's international reserves constituted $ 456.8 billion. Thus, this week they fell by $ 2.1 billion.

Read also: Russia Spent $1.75 Billion Over the Last 3 Trading Days to Prop Up Ruble - The Wall Street Journal

The International reserves are highly liquid financial assets held by the Bank of Russia and the Government of the Russian Federation.

The International reserves consist of assets in foreign currency, monetary gold, special drawing rights (SDR, monetary unit used by the IMF), IMF reserve positions and other reserve assets.


 
 
 
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