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Russia's international reserves up 1.9% to $409.59 bln in August

Russia's international reserves comprising gold, foreign exchange and a range of other assets increased 1.9% in August to $409.599 billion

13:25 07/09/2009

MOSCOW, September 7 (RIA Novosti) - Russia's international reserves comprising gold, foreign exchange and a range of other assets increased 1.9% in August to $409.599 billion, the Central Bank said on Monday.

In January-August 2009, Russia's international reserves dropped 4.1%, with the largest decline registered in January amid the ruble's depreciation.

Apart from foreign currency and gold, Russia's international reserves are also composed of special drawing rights (SDRs), a reserve position in the International Monetary Fund (IMF) and other assets.

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Russia's international reserves up 1.9% to $409.59 bln in August

13:25 07/09/2009 Russia's international reserves comprising gold, foreign exchange and a range of other assets increased 1.9% in August to $409.599 billion.>>

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