USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

218

Russia's Gold, Forex Reserves To Double: Finance Minister

Russia's Finance Minister Alexei Kudrin said Thursday that Russian gold and foreign exchange reserves....

Russia's Gold, Forex Reserves To Double: Finance Minister

Russia?s Finance Minister Alexei Kudrin said Thursday that Russian gold and foreign exchange reserves could reach $200 billion by the end of this year.

Gold and forex reserves will grow by $80 billion this year, up from the previous forecast of $50.

According to statistics, Russia's gold and foreign exchange reserves stood at $124.5 billion on Jan. 1, and increased to $151.8 billion as of July 1.
Kudrin said that the reserves have swelled due to high market prices for crude oil .

Подпишитесь

Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru