Russia’s reserves for the week decreased by $ 8 billion

Резервы России за неделю снизились на 8 млрд долларов

Russia has less money

Within two months of incomplete RF impoverished 16.7 billion.

The volume of Russia’s international reserves for the week from 9th to 16th December, decreased by $ 8 billion, or more than 2%. Their volume now stands at 379 billion dollars. This is evidenced by information on the website of the Russian Central Bank.

Thus, the size of the reserves fell to the lowest level since March 1, 2016, then he was 380,5 billion.

Within two months of incomplete exchange reserves of Russia fell by 16.7 billion dollars.

Recall, on the eve of the annexation of Crimea in February 2014, Russia the reserve was 510,5 billion, a historic high foreign exchange reserves reached in early August 2008 – 598 billion dollars.

As reported Корреспондент.net, Russia’s Reserve Fund will be fully spent to cover the budget deficit in 2017. The size of the deficit will amount to 3.2% of GDP, or 2.75 trillion.

Capital outflow from Russia intensified

Source