Russia’s gold and forex reserves stood at $236.7 billion as of May 19, 2006, the Central Bank of Russia (CBR) has reported. The reserves were at $236.1b on May 12, 2006. Over the week, the reserves grew at a lower rate compared with the week before, May 5- May 12, when reserves soared by $5.0b. As of early May, the share of
gold in gold and forex reserves amounted to $7.9b. Forex reserves stood at $153.3b, CBR files say. Special Drawing Rights, the reserve position in the IMF and other reserve assets made up the remaining sum.
Source: NOVECON, May 26, 2006
