Moscow: The Russian central bank has announced that the country's foreign exchange reserves have exceeded a significant threshold, reaching over 650 billion dollars. According to Yemen News Agency, the bank detailed that as of March, Russia's international reserves, which include highly liquid foreign assets such as foreign exchange, gold, and special drawing rights, amounted to more than 650.4 billion dollars. The central bank emphasized the importance of these reserves, stating that they are crucial for maintaining financial stability in the face of global economic challenges and persistently high inflation rates. The reserves serve as a financial buffer, ensuring that Russia can navigate turbulent economic conditions with greater resilience. Russia's international foreign exchange reserves rose by 8.5 billion dollars in March to more than 650.4 billion dollars, the Central Bank of Russia announced on Thursday.
Related Articles
Iranian Embassy in Sana’a Celebrates 46th Anniversary of Victory of Islamic Revolution
Sana’a: The Embassy of the Islamic Republic of Iran in Sana’a commemorated today the 46th anniversary of the victory of the Islamic Revolution in Iran with a speech event. According to Yemen News Agency, the event was attended by members of the Supreme Political Council, including Sultan Al-Sama’i and Mohammed Al-Naimi, as well as Secretary […]
Hajjah: Two Meetings in Kuhlan Affar & Bani Al-Awwam to Enhance Mobilization & Development Efforts
Hajjah: Two meetings were held in the districts of Bani Al-Awwam and Kuhlan Affar in Hajjah Governorate to strengthen mobilization and development efforts.
According to Yemen News Agency, the Kuhlan Affar meeting was attended by Deputy Governor Ade…
Inspection of Al-Kaba Road Leveling, Paving Project in Najrah
Hajjah: The Director of Najrah District in Hajjah Governorate, Kamal Al-Sufi, inspected today the progress of work in implementing the Al-Kaba Road Leveling and Paving Project with an area of 1,750 square meters, at a cost of 22 million and 750 thousand riyals, through a community initiative. According to Yemen News Agency, Al-Sufi praised the […]