Sunday, April 1, 2012

Russia Gold/fx Reserves Increased to $510.8 Billion

Russia added $5.4 billion to its gold/ foreign exchange reserves in the past week.  Russia has now increased its gold/fx reserves $12.2 billion year to date, to $510.8.
Do you think Russia just added another $5.4 billion in dollars, or in gold, yuan, and euros?

MOSCOW, March 29 (Reuters) - Russia's gold and foreign
exchange reserves rose to $510.8 billion in the week to March 23
from $505.4 billion a week earlier, central bank data showed on
Thursday.

The central bank provided the following figures (in billion
dollars):


Latest week 510.8


Previous week 505.4


End-2011 498.6

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