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Russian Gold, Forex Reserves Increased

Russia's Central Bank forecasts gold and currency reserves growth

Russian Gold, Forex Reserves Increased

Russia?s Central Bank forecasts gold and currency reserves growth in 2005 by $53 bln, in 2006 ? by $30 bln.

On January 1, 2005, Russian gold and currency reserves amounted to $124.5 bln. On April 1 this figure increased by $12.9 bln (10.4%) up to $137.4 bln.

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