Russian int'l reserves grow 0.6% in Sept to $397.7 bln
MOSCOW. Oct 7 (Interfax) - Russia's international reserves rose by $2.545 billion or 0.6% in September 2016 to $397.743 billion from $395.198 billion, the Central Bank said on its website.
In January-September 2016, the reserves grew by $29.344 billion, or 8%, from 368.399 billion on January 1.
The value of monetary gold in the reserves increased by $802 million, or 1.2%, in September to $65.512 billion, with its share in international reserves reaching a record high of 16.5%.
The volume of FX liquidity received by resident banks on a repayable basis declined by $1.191 billion to $9.904 billion in September and was down $12.263 billion or 54.6% in January-September, from $22.167 billion at the beginning of the year.
Russia's international reserves are highly liquid financial assets held by the Central Bank and government and are made up of foreign currency reserves, monetary gold, special drawing rights (SDRs), reserve position at the IMF, and other reserve assets.