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Russian intl reserves up $7.8 bln to $474.0 bln in week to Dec 28

January 10, 2008 | Interfax

Russia's international reserves grew $7.8 billion to $474.0 billion in the week to December 28, the Central Bank said on Thursday.

The reserves stood at $466.2 billion on December 21.

These are the same reserves that the Central Bank described as "gold and foreign-exchange reserves" until the middle of September.

They consist of highly liquid financial assets at the disposal of the CB and Russian government, including foreign currency, monetary gold, special drawing rights, the reserve position at the IMF and other reserve assets.

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