Russia sees gold and forex reserves increase

Russia's gold and foreign exchange reserves have reached a record-high of 82.7 billion dollars, official figures from the central bank of Russia showed on Thursday 29 January.

During the period from January 16 to 23, 2004, Russia's gold and forex reserves increased by 3.6 billion dollars or by 4.6 percent.

The figure for gold and forex reserves represents a record-high for the Bank of Russia.

In comparison with January 1, 2004, when the volume of Russia's gold and forex reserves amounted to 76.9

To continue reading...