Russia’s International Reserves Drop $15 Billion in One Week to $753 Billion
Published by WarSignal Editorial · Last updated
Russia’s international reserves fell by $15 billion in a single week, according to the Central Bank, bringing the total to $753 billion as of May 15.
The Central Bank reported that reserves were $768.9 billion on May 8, and the decline reflects a sharp reduction in foreign currency holdings.
The move follows ongoing economic pressures and reflects the impact of international sanctions on Russia’s financial reserves.
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