Russia's international reserves, as of May 6,amounted $ 391.9 billion, and for the week since April 29 increased by $ 1.8 billion, informed the Bank of Russia on Thursday.
"International reserves for the week since April 29 to May 6 increased by $ 1.8 billion, or 0.5%, mainly due to positive exchange rate and market revaluation," noted in the comments of the Central Bank. The reserves are growing the fourth consecutive week – since April 15, with the value of $ 386.2 billion the International reserves of Russia for April 2016 increased by $ 4.513 billion compared to March – up to $ 391.521 billion. As of April 1 reserves amounted to $ 387.008 billion, as of May 1 - $ 391.521 billion. International reserves of RF since January 1, 2016 grew seven consecutive weeks until February 12, adding $ 14.4 billion up to $ 382.4 billion. In March, the reserves have almost reached 15-month peak - $ 386.9 billion. In 2015, reserves fell by 4.5%, or $ 17.46 billion, from $ 385.460 billion as of January 1, 2015 to $ 368.0 billion as of January 1, 2016.International reserves are highly liquid financial assets held by the Bank of Russia and the Russian Government. They are made up of assets in foreign currency, monetary gold, special drawing rights (SDR – unit of account used by the International Monetary Fund, IMF), reserve position in the IMF and other reserve assets.