April 22, Russia’s international reserves amounted to $607.1 billion, reported the Bank of Russia.

As of April 15, international reserves amounted to $611.1 billion. Thus, during the week they decreased by $4 billion, or 0.7%. The reserves decreased mainly as a result of negative revaluation, notes the Central Bank.

In the previous week, the international reserves of the Russian Federation increased by $1.7 billion.

International reserves are highly liquid financial assets held by 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.