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Gold: International reserves of Russia increased to $ 463.8 billion

RUSSIA (OBSERVATORY) –¬†International reserves of Russia (MPR) amounted to April 20, $ 463.8 billion, according to the Bank of Russia. The amount of MPP by April 13 was $ 462.4 billion. Thus, the amount of MPP increased for a week by $ 1.4 billion.

TheMPRs are financial assets that are available to the Central Bank and the Russian government. MPPs consist of foreign currency assets, monetary gold, special drawing rights (SDR, special drawing rights, the monetary unit used by the International Monetary Fund, IMF), a reserve position in the IMF and other assets.

In the crisis year of 2014, the volume of the MPP decreased by $ 125 billion from $ 510.5 billion as of January 1, 2014, to $ 385.46 billion as of December 31, 2014. In 2015, the MPPs decreased by 4.5% (by $ 17.46 billion ) from $ 385.46 billion as of January 1, 2015 to $ 368 billion as of January 1, 2016. The

maximum value of the MPP reached in August 2008 was $ 598 billion. In the crisis of 2008-2009, the volume of the MPP decreased to $ 376 billion (March 2009).

Meanwhile, the Central Bank notes: “The external debt of the Russian Federation as of April 1, 2018, according to preliminary estimates of the Bank of Russia, was $ 524.9 billion. Since the beginning of the year, the country’s debt to non-residents increased by $ 6.1 billion, or 1.2 %, due to the growth of liabilities as part of the placement of sovereign debt securities and the management of the country’s international reserves. “The external debt of the private sector has not changed much.”