Business

Russia’s International Reserves Increase by $6.4 Billion in One Week

Moscow:The Central Bank of Russia announced that the country's international reserves have reached $729.6 billion as of October 23, showing an increase of $6.4 billion from $723.2 billion on October 16.

According to Yemen News Agency, international reserves comprise highly liquid foreign assets held by the central bank and government. These include foreign currencies, Special Drawing Rights, Russia's reserve position at the International Monetary Fund, and monetary gold.