33336
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 ...

ECB President Mario Draghi (L) and US fed chair Jerome Powell at the ECB Forum on Central Banking in Sintra, Portugal, June 20.
The world’s most-powerful central bankers warned that...
Consumer prices rose just 0.1% in May, down from a 0.3% gain in April.
Canada’s economy showed unexpected weakness in the second...
Brazil CB Holds Rate Steady
For the second consecutive time, the Central Bank of Brazil...
China Trade Surplus Shrinks
China’s trade surplus shrank markedly in the first five months...
Inflation rate forecast for the full year is averaged around 3.1%.
Saudi Arabia is so intent on changing its identity that today’...
Productivity in Japan’s manufacturing sector is high  but service sector has declined in recent years.
Japan is famous as a land of robots, but most of those...
Ukraine Shadow Economy Drops to 31% of GDP
Shadow economy in Ukraine dropped by 4% in 2017, to 31% of GDP...
IMF to Lower Eurozone Growth Projections
The International Monetary Fund will downgrade growth...

Trending

Googleplus