Russia's int'l reserves rise 1.2% to $688.7 bln in June - CBR

MOSCOW. July 7 (Interfax) - Russia's international reserves rose $8.352 billion or 1.2% in June to $688.731 billion from $680.379 billion, according to data on the Central Bank of Russia's website.

The reserves rose $79.663 billion or 13.1% in 6M 2025, from $609.068 billion on January 1.

Monetary gold grew $508 million or 0.2% to $248.719 billion in June, falling, though, to 36.1% of the reserves from a record 36.5% in May.

The Central Bank has only limited control of a significant portion of its gold and foreign exchange reserves due to sanctions imposed on it by Western countries in 2022. Reserves consisting of gold and Chinese yuan assets were not sanctioned. Reserves dynamics are influenced largely by changes in the value of reserve assets due to revaluation against the U.S. dollar, and by operations carried out in the framework of the fiscal rule.

International reserves consist of foreign exchange, monetary gold, SDR holdings, reserve position in the International Monetary Fund and other reserve assets.