5 Feb 2015 16:29

Russia's international reserves down $1.8 bln in week

MOSCOW. February 5 (Interfax) - Russia's international reserves fell $1.8 billion to $376.3 billion in the week to January 30, the Central Bank said on Thursday.

The reserves stood at $378.1 billion on January 23.

The Central Bank's press service said that the 0.5% drop in reserves is "primarily under the influence of negative exchange rate revaluation."

International reserves are currently at the lowest they have been since March 2009.

They 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.