Moscow, May 16 (Petra) -- The Central Bank of the Russian Federation announced on Saturday that its international gold and foreign forex reserves increased by $13.5 billion within a single week, reaching a total of $771 billion.

The Russian Central Bank explained in an official statement that the growth in foreign reserves is primarily driven by a positive revaluation of foreign assets and rising global gold prices.

The bank added that the increase was further supported by favorable movements in global currency and energy markets, alongside a noticeable improvement in national oil and gas revenues during the past period.

//Petra// AF

16/05/2026 23:48:45