In Russia Forex has reserve upto $532bn


Russia's gold and foreign exchange reserves rose to $532.0 billion from the week to Dec. 21 from $528.8 billion a week earlier, central bank data showed on Thursday.

Russia's central bank has no immediate plans to diversify its foreign exchange holdings, Chairman Sergei Ignatyev said on last week, in the situation the world's fourth-largest reserve holder lately upped its holdings of Australian and Canadian income.

The central bank provided the following figures (in billion cash):

Latest week             532.0

Previous week           528.8

                     

End-2011                498.6

The reserves include monetary gold, single drawing rights, reserve position at the IMF and foreign exchange.

written by Maya Dyakina



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