Russia’s forex reserves "lose weight" – week’s drop by $5.4 bln

REUTERS

Thus, Russia’s forex reserves decreased by 1.4%, or $5.4 billion,  in one week.

The international reserves are highly liquid foreign assets held by the Bank of Russia and the Government of the Russian Federation, made up of funds in foreign currency, Special Drawing Rights (SDRs), IMF reserve position and monetary gold.

Read alsoRussian ruble, stock market continue falling following drop in oil pricesAt the end of 2014 Russia's international reserves decreased by 1.3 times - down to $385.46 billion.