Russia's gold reserves exceed $200 billion for first time


Moscow, Nov 10 (IANS): Russia's gold reserves hit a record high of $207.7 billion in October, according to the country's central bank.

The share of gold among Russia's international reserves rose to 32.9 per cent from 31.5 per cent last month, the highest since November 1999, when it was 34 per cent.

The highest proportion of gold was 56.9 per cent on January 1, 1993, while the lowest was 2.1 per cent in June 2007, reports Xinhua, quoting Russia's RIA Novosti news agency.

According to data from the Bank of Russia, the country's international reserves fell to $631.6 billion in October, down from $633.7 billion in September.

 

  

Top Stories


Leave a Comment

Title: Russia's gold reserves exceed $200 billion for first time



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.