Russia’s international reserves grew by 1.9% in October – Central Bank

TASS Russian News Agency | Nov 8, 2019 at 2:01 PM

MOSCOW, November 8. /TASS/. Russia's international reserves increased by 1.9% or by $10 bln over the last month and totaled $540.92 bln as of November 1, 2019, the Central Bank said on Friday.

Currency reserves rose by 2.35% to $433.015 bln. The monetary gold value increased by 0.05% to $107.93 bln, the regulator said.

Russia's international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian Government. They comprise foreign currency, Special Drawing Rights (SDRs), a reserve position in the International Monetary Fund and monetary gold. The target level of the Central Bank for international reserves is $500 bln.