Russia's euro reserves increase

The euro now accounts for one third of Russia's foreign currency reserves, a top official from Russia's central bank said on Tuesday 8 February.

"All changes have been within the framework of (our) directives," the bank's deputy chairman, Konstantin Korishchenko, said, according to Prime-Tass.

Korishchenko said the shift in reserves hadn't been "dramatic."

After the dollar hit record lows against the euro in December, Central bank Chairman Sergei Ignatyev suggested that the bank could increase t

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