Russia fills coffers with gold & adds $2.5 billion to forex reserves during coronavirus peak

Russian gold and foreign currency

Russian gold and foreign currency holdings have hit $566 billion as of May 1, according to the latest data released by the country’s central bank. International funds grew by $2.53 billion, or 0.4 percent, last month.

The regulator said that currency holdings decreased by 0.8 percent in April, to $440 billion. At the same time, the value of monetary gold rose by 5.2 percent, amounting to over $126 billion.

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