The Russian Central Bank stated that the country’s international reserves increased by 0.32% by May 1 compared to their level last April, amounting to $595.787 billion.
The Bank of Russia (the Russian regulator) indicated that reserves rose by $1.908 billion, or 0.32%.
For comparison, last year’s reserves were on May 1 at $593.052 billion.
Russia’s international reserves are highly liquid foreign assets that include foreign exchange, gold and special drawing rights.
This article was originally published by RT.