Russia’s foreign exchange reserves grow by more than $9 billion in July ...News

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Russia’s foreign exchange reserves grow by more than $9 billion in July
Russia’s gold and foreign currency holdings grew by more than 1.5% last month and amounted to $601 billion, according to the latest data published by the country’s central bank. In monetary terms, the monthly growth reportedly totalled $9.258 billion. The country’s forex reserves were standing at around $591.7 billion as of July 1. The international reserves are highly liquid foreign assets comprising stocks of monetary gold, foreign currencies and Special Drawing Rights assets, which are at the disposal of the Central Bank of Russia and the government. Also on rt.com Russi

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