16 Apr 2015 16:30

Russian international reserves down $1.2 bln in week

MOSCOW. April 16 (Interfax) - Russia's international reserves fell $1.2 billion to $354.1 billion in the week to April 10, the Central Bank said on Thursday.

The reserves stood at $355.3 billion on April 3.

The decline was the result of negative exchange rate changes and market revaluations, the Central Bank said.

The reserves consist of highly liquid financial assets at the disposal of the CB and Russian government, including foreign currency, monetary gold, special drawing rights, the reserve position at the IMF and other reserve assets.