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26

Russia's Forex, Gold Reserves On Record

Russia's foreign currency and gold reserves rose by $2.7 billion to a record level

Russia?s foreign currency and gold reserves rose by $2.7 billion to a record $149.6 billion a week ago, Interfax reported.

The reserves increased by $400 million to $146.9 billion in the week ending June 17, after falling from a record $147.4 billion at the end of May, according to the Central Bank.

The Central Bank's reserves may increase by $45 billion or $50 billion between now and the end of the year, Deputy Prime Minister Alexander Zhukov said.