Russia adds nearly $1 billion to forex reserves, raising them to almost $560 billion ...News

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Russia adds nearly $1 billion to forex reserves, raising them to almost $560 billion
Russian gold and foreign currency holdings have increased to a total of $559.8 billion, according to the latest data released by the country’s central bank. The international funds increased by $900 million, or nearly 0.2 percent, compared to last week, and around $5 billion since the beginning of the year. The regulator said the holdings rose mainly due to buying foreign currency, in line with a fiscal rule aimed to shield the Russian economy from swings in oil prices. Also on rt.com Russia will further turn away from dollar as US pursues ‘aggressive’ sanctions policy – Lav

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