403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Russia's International Reserves Rise To Record $806.1 Billion
(MENAFN- Jordan News Agency)
Moscow, Feb. 21 (Petra) - The Russian Central Bank announced on Saturday that its international foreign currency and gold reserves increased by $8.6 billion within one week, reaching $806.1 billion, the highest level in history.
The bank said in a statement that the increase was driven by the revaluation of foreign assets and rising gold prices, strengthening Moscow's financial position and its ability to cope with global market fluctuations. It added that it expects foreign reserves to rise to unprecedented levels this year.
Moscow, Feb. 21 (Petra) - The Russian Central Bank announced on Saturday that its international foreign currency and gold reserves increased by $8.6 billion within one week, reaching $806.1 billion, the highest level in history.
The bank said in a statement that the increase was driven by the revaluation of foreign assets and rising gold prices, strengthening Moscow's financial position and its ability to cope with global market fluctuations. It added that it expects foreign reserves to rise to unprecedented levels this year.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment