13 Jan 2011 10:54

Russian international reserves up $1.3 bln in week

MOSCOW. Jan 13 (Interfax) - Russia's international reserves grew $1.3 billion to $480.7 billion in the week to January 7, the Central Bank said on Thursday.

The reserves stood at $479.4 billion on December 31.

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.