Gross International Reserves of the Russian Federation in 1997

	Gold and foreign exchange reserves	of which
		foreign exchange reserves	of which			gold
		foreign exchange reserves	foreign exchange	SDRs	reserve position in the IMF	gold
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

¹Gross 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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