Foreign reserves – THE OVAL CIRCLE

Russia’s reserves surge past $600 billion

Posted on April 14, 2023April 14, 2023By Editor

The country’s holdings jumped by nearly $7 billion in a week, official data shows. … Read More >Russia’s reserves surge past $600 billion

Russia holds world’s fifth-largest gold & foreign currency reserves

Posted on October 15, 2021October 15, 2021By Editor

Russia has reached a historic record in international reserves, ranking fifth in the world after China, Japan, Switzerland and India, the Accounts Chamber said after an audit of the country’s gold and foreign exchange holdings. … Read More >Russia holds world’s fifth-largest gold & foreign currency reserves

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

Posted on August 9, 2021August 9, 2021By Editor

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. … Read More >Russia’s foreign exchange reserves grow by more than $9 billion in July

China’s foreign exchange reserves soar to $3.2 TRILLION

Posted on May 10, 2021May 10, 2021By Editor

Beijing has continued to increase its foreign exchange reserves – already the world’s largest – boosting them by $28.15 billion in April from a month earlier, to a total of $3.198 trillion. … Read More >China’s foreign exchange reserves soar to $3.2 TRILLION

Russia slashes dollar & euro from reserves in favor of gold & yuan

Posted on May 7, 2021May 7, 2021By Editor

The Central Bank of Russia (CBR) said in its annual report that in 2020 it reduced the share of the euro, the dollar and the pound in the country’s international reserves in favor of gold, yuan and other currencies. … Read More >Russia slashes dollar & euro from reserves in favor of gold & yuan

Russia’s foreign exchange reserves continue to rise despite sanctions & pandemic

Posted on May 3, 2021May 3, 2021By Editor

Russia’s gold and foreign currency holdings increased by $5.8 billion last week to reach a total of $589.5 billion, according to the latest data released by the country’s central bank. … Read More >Russia’s foreign exchange reserves continue to rise despite sanctions & pandemic