Middle East

Russia’s foreign exchange and gold reserves increased to $600.7 billion

Moscow, April 21 / WAM / The Russian Federation’s gold and foreign currency reserves rose by 0.4% to reach $600.7 billion, recording its highest level in a year.

According to data from the Central Bank of Russia, Russia’s international reserves increased during the period from April 5 to 12 by about $2.4 billion, reaching $600.7 billion, while they recorded $598.3 billion as of the fifth of the same month.

The data indicated a decrease in Russian international reserves during the past year by 8.4%, reaching $577.5 billion, which had reached their highest level ever ($643.2 billion) on February 18, 2022.

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