The Central Bank of Russia said its assets rose by 0.8% to R11.438 trillion last August, mounting by 39.4% since the start of the year. In August, resident banks’ assets in Central Bank accounts decreased by R257 billion to R969.6b, while state government funds in CBR rose by R214.4b to R4.8075 trln. The CBR assets kept with non-residents and invested in foreign securities grew insignificantly, by R29.9b to R10.6368 trln, in August, while the CBR’s investments in Russian state securities jumped by R41b to R279.3b, after shrinking by R56.6b in the previous seven months.
Source: WWW.KOMMERSANT.RU, October 5, 2007
