Russia’s foreign exchange holdings rose by over one percent in one week to reach a total of $593.6 billion, according to the latest central bank data.
The growth seen between December 11 to December 18 was supported by “positive exchange rate revaluation and higher gold prices,” the Central Bank of Russia said in a statement on Thursday. The increase came after the country’s weekly forex reserves fell $0.6 billion earlier this month, according to the official statistics.
Continue reading https://on.rt.com/ay0v