07.08.2023, 07:46
Gold reserves have decreased in Russia
Source: OREANDA-NEWS
OREANDA-NEWS In May, Russia's gold and foreign exchange reserves decreased by $11.6 billion to $584.2 billion. This is evidenced by the data of national central banks, RIA Novosti reports.
It is noted that as a result, the country lost fourth place to India among the economies with the largest international assets and dropped to fifth.
In turn, China has retained its long—term leadership in terms of international reserves - at the end of May 2023, its assets amounted to $ 3.371 trillion.
In March, the Russian Central Bank (CB) resumed publishing data on the structure of international reserves.
Earlier it became known that after the entry of Russian troops into Ukraine, Western countries froze half of Russia's gold reserves.
It is noted that as a result, the country lost fourth place to India among the economies with the largest international assets and dropped to fifth.
In turn, China has retained its long—term leadership in terms of international reserves - at the end of May 2023, its assets amounted to $ 3.371 trillion.
In March, the Russian Central Bank (CB) resumed publishing data on the structure of international reserves.
Earlier it became known that after the entry of Russian troops into Ukraine, Western countries froze half of Russia's gold reserves.
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