Logo
  Tuesday, December 6, 2022
Sign-In  |  Sign-Up  |  Contact Us  |  Bookmark 

About gold reserves in Russia
The Central Bank of Russia forecasts the amount of the gold reserves in Russia at the end of the year to a value of $170 -$175 billion, First Deputy Chairman of the Central Bank Alexei Ulyukayev said. "The annual gold reserve growth will amount to $48 billion, with the oil price at the level of $43 for barrel," he said at a conference in Moscow. Ulyukayev reminded the audience that at the beginning of the current year the amount of the gold reserves totaled $147 billion, having increased since that time by $24 billion. If Russia had not paid off its foreign debt ahead of time in 2005, the gold reserve growth since the beginning of the year would stand at $60 billion, not $48 billion, Ulyukayev said. The inflation forecast for the first five months of 2005 in Russia is 7.1%, he added. Inflation in non-food products is lower in 2005 than it was in 2004, Ulyukayev said
Print About gold reserves in Russia Bookmark About gold reserves in Russia

Related News   
MayJune 2005Jul
MoTuWeThFrSaSu
303112345
6789101112
13141516171819
20212223242526
27282930123
45678910