Russian forex reserves reach another record high

Russian central bank reserves rose to a new record high last week, taking the total increase to nearly sixteen percent since January.

Source: ITAR-TASS news agency

Russia's gold and foreign exchange reserves on 21-28 March were up by 900m dollars to 55.4bn dollars, the Central Bank's public relations department told Prime-TASS on Thursday 3 April.

This is a new record-high ever since the CBR Central Bank of Russia started publishing the reserves statistics on a regular basis.

As compared with the 1

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