Support The Moscow Times!

Russia's Central Bank Says Reserves Rose $3 Billion Last Week

Russia's gold and forex reserves rose by $3 billion in the week to April 24 after Russian banks returned more foreign currency to the Central Bank than they received via forex repo operations, the Central Bank said in a statement.

The Central Bank provided the following figures for its gold and foreign exchange reserves on Thursday:

Latest week: $353.5 billion

Previous week: $350.5 billion

End-2014: $385.5 billion

NOTE — The reserves include monetary gold, special drawing rights, reserve position at the IMF and foreign exchange.

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.