Source link The country has overtaken Saudi Arabia with over $442 billion in foreign currency reserves, data shows Russia has risen to sixth place in the world in terms of foreign currency reserves, according to the latest calculations by the World Gold Council. The country had accumulated $442.5 billion in forex holdings as of the […]
Tag: forex
Russia piling up forex reserves — RT Business News
Source link The country’s holdings rose by more than $5 billion over a two-week period, official data shows Russia has continued to boost its foreign currency reserves, which reached $598.5 billion as of January 5, according to the country’s central bank. This represents an increase of $5.1 billion in the two-week period since December 22. […]
Russia’s forex reserves surging — RT Business News
Source link Russia’s foreign currency reserves have continued to grow, surpassing $593 billion as of December 22, the country’s central bank has reported. Statistics show the volume of international reserves increased by $5.5 billion, or 0.9%, in the week from December 15, largely due to “a positive market revaluation.” The stockpile reached a historic high […]