Russia’s international reserves remained virtually unchanged in July, settling at $720.348 billion as of August 1, according to data released by the Central Bank of Russia.
The total stockpile fell by a marginal 0.01%, or $0.1 billion, compared to the start of the month, indicating a period of relative stability for the nation’s foreign exchange buffer.
43% to $6.036 billion, while the value of monetary gold holdings declined by 2.
The headline stability masked significant internal rebalancing within the reserve composition.
Foreign currency reserves increased by 1.43% to $6.036 billion, while the value of monetary gold holdings declined by 2.05% to $292.854 billion.
This shift suggests the central bank may be adjusting its asset mix, potentially selling gold to bolster liquid currency assets or reflecting valuation changes in precious metals markets.
This monthly snapshot follows a volatile period for Russian reserves.