2 Nov 2009 13:53

Dollar weighting in CB reserves 47%, euro at 41% -Ulyukayev

MOSCOW. Nov 2 (Interfax) - The dollar accounts for approximately 47% of the forex portion of Russia's international reserves, CB First Deputy Chairman Alexei Ulyukayev said in an interview with the Itogi journal.

The euro has a weighting of 41%, sterling - 10% and yen - 2%, Ulyukayev said.

"We think this is a sound, reliable structure. It corresponds both with the trade balance and with the debt structure of companies," he said.