Inverted cast of bust of Russia's President Vladimir Putin
Photo: Dmitry Lebedev
| Other Photos |
 |
|
 |
Russia Scored No. 4 in Gold/Fx Reserves
In size of gold and foreign exchange reserves, Russia has outrun South Korea (around $218 billion as of late March of 2006) and was scored the fourth worldwide, RIA Novosti reported. The three leaders are China ($875.1 billion), Japan ($852.03 billion) and Taiwan ($257.05 billion).
As of April 28, 2006, the gold and foreign exchange reserves of Russia amounted to $225.7 billion vs. $217.1 billion on April 21, the Central Bank of Russia (CBR) reported some time ago.
To secure the fourth score for Russia in the worldwide rating, the reserves gained $8.6 billion over a week and climbed 22 percent from early this year (from $184.6 billion as of January 6).
Russia’s gold and foreign exchange reserves grew by 46 percent in 2005.
www.kommersant.com
|
|
|
