Russia’s foreign exchange holdings increased to a total of $591.5 billion on February 12, the latest data released by the country’s central bank shows.
The weekly growth amounted to $5.4 billion or 0.9 percent, the regulator said, adding that it was driven by “positive exchange rate revaluation and higher gold prices.” Last week marked the first growth of Russia’s international reserves this month after two consecutive weeks of decline.
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