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    A balloon is seen during a rally of foreign currency mortgage holders near the Central Bank headquarters in central Moscow, Russia, February 8, 2016

    Russian Int'l Reserves Increase by 1.2% to Reach $391Bln in April

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    Russia's international reserves rose by $ 1.2 percent in April, the Russian Central Bank announced Wednesday.

    MOSCOW (Sputnik) — Russia's international reserves rose by $4.5 billion or 1.2 percent in April, reaching some $391.5 billion, the Russian Central Bank announced Wednesday.

    This figure includes special drawing rights, a reserve position in the International Monetary Fund and foreign exchange reserves amounting to $331 billion, the bank's data showed.

    Monetary gold reserves make up over $60 billion, the Central Bank revealed.

    Russia's international reserves amounted to a record $598 billion in early August 2008 but then drastically declined to $376 billion due to the global financial crisis.

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