As of January 13, Russia’s international reserves amounted to $592 billion, the Bank of Russia reported.

As of January 6, international reserves amounted to $582 billion. Thus, they increased by $10 billion, or 1.7%, during the week.

According to the Central Bank, the reserves grew under the influence of positive revaluation.

International reserves are highly liquid financial assets at the disposal of the Bank of Russia and the Russian government. They consist of assets in foreign currency, monetary gold, special drawing rights (SDR, special drawing rights, a unit of account used by the International Monetary Fund, IMF), reserve position in the IMF and other reserve assets.