Gross International Reserves of the Russian Federation in 1997
Gross International Reserves of the Russian Federation1 in 1997
(US $ mln.)
 
  Gold and foreign exchange reserves of which
foreign exchange reserves of which gold
foreign exchange SDRs reserve position in the IMF

December 31, 1996

15,324 11,276 11,271 5 1 4,047
January 31, 1997 13,993 9,930 9,924 4 1 4,064
February 28, 1997 15,208 11,127 11,117 9 1 4,081
March 31, 1997 16,495 12,429 12,427 1 1 4,066
April 30, 1997 18,184 14,068 14,066 1 1 4,117
May 31, 1997 20,016 15,884 15,798 85 1 4,132
June 30, 1997 24,549 20,396 20,389 5 1 4,153
July 31, 1997 24,456 20,186 20,180 5 1 4,270
August 31, 1997 23,920 19,604 19,603 0 1 4,316
September 30, 1997 23,105 18,737 18,733 3 1 4,368
October 31, 1997 22,916 18,448 18,443 3 1 4,468
November 30, 1997 16,810 12,201 12,199 1 1 4,608
December 31, 1997 17,784 12,895 12,771 122 1 4,889


Gross International Reserves of the Central Bank of Russia (CBR) and Ministry of Finance of the Russian Federation comprise monetary gold, special drawing rights (SDRs), the reserve position in the Fund, and other liquid foreign exchange assets. Foreign exchange assets include the balances in foreign cash and correspondent current accounts and short-term deposits with nonresident banks and resident banks, foreign government securities, repurchase agreements with the above-mentioned securities with nonresidents, and other liquid assets. Accrued interest on these assets is not included.
   Data in millions of U.S. dollars. Monetary gold is valued since 1992 at a constant rate of US$300 per troy ounce. Foreign exchange assets are converted to U.S. dollars by cross exchange rates of foreign currencies to the U.S. dollar. Cross exchange rates are computed on the basis of the official exchange rates of the ruble to foreign currencies set by the CBR and effective as of the reporting date.


Updated September 30, 1998.


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