Russia’s Int’l Reserves Grow
World Economy

Russia’s Int’l Reserves Grow

Russia’s international reserves grew $1.3 billion over the week from December 18 to 25 and totaled $370.2 billion, the Central Bank said, RT reported. Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian government. They comprise foreign currency, Special Drawing Rights, a reserve position in the International Monetary Fund and monetary gold. Meanwhile, the inflation rate in Russia reached 12.9% in 2015, according to the Federal Statistics Service. This is the worst rate since the global economic crisis in 2008 when annual inflation edged 13.3%.


Short URL : http://goo.gl/RezpDs
  1. http://goo.gl/daLxag
  • http://goo.gl/xEQC8Y
  • http://goo.gl/otPrZp
  • http://goo.gl/EjDWKu
  • http://goo.gl/vrVZbr

You can also read ...

The rules say that EU countries should have budget deficits below 3% of GDP and public debt below 60% of GDP.
National budgets of six eurozone countries may break the...
Cambodia Sustains Strong Growth
Cambodia’s economy is forecast to grow 6.9% next year,...
UK Slashes Growth Projections
Britain slashed its official projections for economic growth...
All three sides can’t agree on a few key issues.  Top of the list: The manufacturing of cars.
No meaningful progress is being made in NAFTA trade talks...
AT&T-Time Warner Merger Case Politically Motivated
The US Justice Department’s lawsuit to block AT&T’s $85...
Mexico Boosts Minimum Wage
The bittersweet news for Mexico’s poorest workers: the...
Iraq to Resume War Reparations to Kuwait
The UN Security Council’s compensation agency has announced...
Gold Inches Up as Dollar Dips
Gold prices crept up on Wednesday amid a softer dollar, with...