Russia’s international reserves increased by $16.7 billion over the week

Russia's international reserves increased by $16.7 billion over the week

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As of November 18, Russia’s international reserves reached $568.8 billion, having increased by $16.7 billion since November 11. This is evidenced by data Central Bank.

International reserves have shown growth since November 4, when their volume amounted to $541.6 billion. From October 28 ($550 billion) to November 4, there was a fall of $8.5 billion.

After the Western countries imposed sanctions against the Bank of Russia, more than $300 billion of the $640 billion of the Central Bank’s gold and foreign exchange reserves were frozen.

Daria Erozbek

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