Rus News Journal

The volume of gold and exchange currency reserves has reached a new record

Volume of gold and exchange currency reserves of Bank of Russia for November, 25th of this year it has made 167,2 mlrd dollars In comparison with the previous indicator has increased on 3,9 mlrd dollars, or by 2,4 %. Such growth of gold and exchange stocks for five working days became the greatest since January, 28th of current year, i.e. for ten months.
as informs department external and public relations of the Central Bank of the Russian Federation, as a result present level of gold and exchange currency reserves has reached the next record size for all history of Russia. Essential activization of purchase by the foreign currency Central Bank in home market became the reason of appreciable increase of gold and exchange stocks, most likely.
meanwhile in first half of November of the Central Bank of the Russian Federation, apparently, actually did not get the American currency directly at large commercial banks, at the auctions on the Moscow Interbank Stock Exchange.
As a result, from November, 4 till November, 18th gold and exchange currency reserves of Bank of Russia have decreased on 1,4 mlrd dollars During the present time, thanks to rapid growth for last accounting date, the given falling of gold and exchange stocks has appeared compensated almost three times.
gold and exchange currency reserves represent vysokolikvidnye the financial actives, at the disposal of Bank of Russia and the Ministry of Finance of Russia as of accounting date. They develop of the monetary gold, the special rights of loan, a reserve position in IMF and foreign currency. The foreign currency covers currency actives of Bank of Russia and the Ministry of Finance of Russia in the form of cash, the return REPO with non-residents, bank deposits in banks - non-residents, and also the state and other securities which have been let out by non-residents, having a similar rating.
Russia takes the fifth place in the world on size of gold and exchange currency reserves. It with the big separation is followed by India and Hong Kong taking accordingly the sixth and seventh places in the given rating. Japan, continental China, Taiwan and South Korea advance the Russian Federation on the given indicator.