Russia: Foreign Exchange Reserves Reach Record High

Russia: Foreign Exchange Reserves Reach Record High
Russia: Foreign Exchange Reserves Reach Record High
The Central Bank of Russia announced on Friday that Russia’s international reserves have risen to a record level of $729.5 billion as of 10 October, an increase of $7 billion over one week, representing a 1% growth rate.اضافة اعلان

The central bank explained that the increase is due to a positive revaluation of reserve components, noting that assets amounted to around $722.5 billion on 3 October. This reflects rapid growth and the continued resilience of the Russian economy despite external pressures.