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Russia's international reserves down $21.9 bln to $453.5 bln in week

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MOSCOW, November 20 (RIA Novosti) - Russia's international reserves declined by $21.9 billion to $453.5 billion in the week of November 7-14, the Central Bank said on Thursday.

Russia's international reserves, which include gold and foreign currency, declined by $97.6 billion in January-October, Sergei Ignatyev, chairman of the Central Bank of Russia, earlier said.

Ignatyev told a parliamentary hearing on Wednesday that the country's international reserves declined due to the sale of foreign currency ($57.5 billion), foreign currency revaluation ($30.1 billion) and foreign currency placements with state-run national development bank Vnesheconombank and other banks ($14 billion).

Ignatyev said foreign currency in the country's international reserves included U.S. dollars (45%), euros (44%), British pounds (10%) and the Japanese yen (slightly over 1%) as of November 1.

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