771 billion dollars Russia’s reserves of gold and cash

Moscow, May 17 / WAM / The Russian Central Bank announced that its gold and foreign exchange reserves increased by $13.5 billion within one week, reaching $771 billion.

The Russian Central Bank said in a statement that the increase in foreign reserves in the country is due to the revaluation of foreign assets and the rise in gold prices, in addition to the positive effects of movements in the currency and energy markets during the last period, in addition to a noticeable improvement in oil and gas revenues.

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