Rus News Journal

For a month gold and exchange stocks of the Russian Federation have replenished $21 mlrd

Volume of gold and exchange currency reserves of the Russian Federation as of March, 23rd has reached 332,6 mlrd dollars. On it has informed today department external and public relations of the Central bank of Russia. In comparison with the previous indicator it has increased on 10,9 mlrd dollars, or more than by 3 %. So essential growth of gold and exchange stocks for five working days became the greatest for some years.
as a whole increase of gold and exchange currency reserves of the Central Bank is noted the fourth week successively. In this time, i.e. approximately for a month, they have grown on 21,5 mlrd dollars, or on 7 %.
the Principal cause of rather appreciable increase in gold and exchange stocks is sharp activization of purchase of foreign currency from the Central Bank of the Russian Federation in home market. Other circumstance promoting substantial increase of gold and exchange currency reserves, consists in essential strengthening of euro in relation to dollar at the international stock exchanges. As a result for 1 euro in the world market now pay in the American currency much more, than still one week ago. As the size of gold and exchange stocks of the Russian Federation is designated in dollars, easing of currency of the USA to euro inevitably conducts to growth of their volume. We will remind that for today the share of the European currency in the general indicator of gold and exchange currency reserves of Russia makes already about half.
despite so essential replenishment of stocks of the Central Bank of the Russian Federation to catch up in the near future two leaders on the given indicator - China and Japan - it is not obviously possible. We will remind that gold and exchange currency reserves of Heavenly Empire now make nearby 1 trln 100 mlrd dollars, and the rising sun Country - from above 900 mlrd dollars.
Gold and exchange currency reserves are vysokolikvidnye the financial actives, at the disposal of Bank of Russia and the Ministry of Finance of the Russian Federation as of accounting date. They develop of the monetary gold, the special rights of loan, a reserve position in IMF and foreign currency. About half of currency part of gold and exchange currency reserves of the Russian Federation make US dollars, further follows euro (38,6 %) and pound sterling (9,8 %). About 0,1 % it is necessary for Japanese yens and the Swiss francs.