Russia’s gold & foreign currency reserves surge by over $3 BILLION in one week

Russia’s foreign

Russia’s foreign exchange holdings have risen for the second consecutive week to reach $587.6 billion, according to the latest data released by the country’s central bank.

The holdings rose by $3.6 billion, or 0.62 percent, from October 30 to November 6. The growth was supported by “positive exchange rate revaluation and higher gold prices,” according to the regulator.

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