RUSSIAN GOLD AND CURRENCY RESERVES GREW IN 2003 BY 60%

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MOSCOW, January 8 (RIA Novosti) - Russia's gold and hard currency reserves grew for 2003 by 60.1 per cent to amount as of January 1, 2004, to $76,938 million against $47,793 million as of January 1, 2003, the Bank of Russia's official web site says.

The amount of currency reserves as of Jan.1, 2004 was $73,175 mln ($44,054 mln as of Jan.1, 2003). Foreign currency funds, making part of currency reserves, stood as of Jan.1, 2004, at $73,172mln ($44,051mln as of Jan.1, 2003); the amount of funds in gold was $3,763mln ($3,739mln as of Jan.1, 2003).

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