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

Russia’s gold

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.

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