Half of the holdings remain frozen as part of Ukraine-related sanctions Russia’s foreign currency reserves increased by $300 million, or 0.05%, in the week ending September 16, the Bank of Russia announced this week. The central bank regularly publishes updates on its reserves with a one-week lag. The country’s forex holdings amounted to $557.7 billion, data published on the website of the regulator shows. Russia’s international reserves are highly liquid foreign assets consisting of monetary gold, foreign currencies, and Special Drawing Rights, which are at the disposal of the Central Bank and the government. Ho
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