In the week to June 9, 2006, the Central Bank of Russia (CBR) piled up gold and forex reserves by $900 million to $247.9 billion. The reserves have been growing steadily for seven months in a row, from November 18, 2005. Since then, they have increased by nearly $85b, or by more than 50%. As a result, the reserves have again reached an all-time high.
Source: WWW.NOVECON.RU, June 16, 2006
