Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Reserves Are Decreasing
17.03.2015 07:00
Reserves Are Decreasing

Russia’s international reserves have decreased by $ 5 billion – down to $ 351.7 billion - for the week from 6 to March 13, 2015. This is said in the statement on the website of the Bank of Russia. Thus, the volume of the reserves has been falling for the tenth week in a row.

      The regulator notes that the decrease of the last week is due to the exchange rate revaluation. Since July 2014 the international reserves of the Russian Federation has been steadily decreasing. At the end of June of last year they made up $ 478 billion, since then they have decreased by almost $ 130 billion. A part of the reserves was spent during this time on the support of the rouble exchange rate both as direct interventions and as currency repos issued on a returnable basis.


Author: Anna Dorozhkina

Tags: international reserves     

Next Previous

You might also find interesting:

Russians Prefer Fast-food Restaurants
The Online Grocery Delivery Market Grew by 50% in Russia
Roskomnadzor has Blocked the Service for the Delivery of Goods from Foreign Online Shops
Russian Business Doesn't Go Digital
Investment Environment in Russia is Negative for Foreign Investors

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Moscow Region  Modern Art  Russia's Far East  white nights   Institute of Russian Realist Art   skiing in Russia  Multimedia  FIFA Russia 2018  Moscow State University  Russian cities  Russian sports  Vladislav Galkin  Exhibitions in Moscow  oil  Nikita Bogoslovsky  society  Russian fashion designers  Mikhail Yefremov  Russia courts  Folk Arts  Russian tourism  airport transfer in Russia  Tuapse   Russian Cinema  Mercedes-Benz Fashion Week Russia  Ural Federal University   Moscow  Olympus Fest  Russian business  Minister of Economic Development  Russian space exploration  Nafta Moskva  Photo Exhibitions  St. Petersburg  Russian painters  Russia-Poland  Osip Braz  Concerts in Saint Petersburg  contemporary art  economic crisis  Exhibitions in Perm  travel to Russia  Russian regions  Festivals in Moscow  Museum of erotic art  Sochi Games   Wim Delvoye  Russian Millionaires  obituary  Weekend tourism 

Travel Blogs
Top Traveling Sites