Foreign exchange reserves held at the Central Bank of Russia rose to $547.2 billion in October of 2022 from the three-year low of $540.7 billion in the prior month. It was the first increase in foreign exchange reserves since December 2021. The rise is consistent with previous reports suggesting that the CBR mulled purchasing yuan and other "friendly" currencies to stem the ruble's strength. The move is also consistent with the central bank's strategy to diversify reserves, as a large portion of its dollar, euro, and pound reserves remain frozen due to sanctions from Western states. source: Central Bank of Russia

Foreign Exchange Reserves in Russia averaged 292745.30 USD Million from 1992 until 2022, reaching an all time high of 630627.00 USD Million in December of 2021 and a record low of 4532.00 USD Million in December of 1992. This page provides - Russia Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Foreign Exchange Reserves in Russia is expected to be 531000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Foreign Exchange Reserves is projected to trend around 518000.00 USD Million in 2023 and 558000.00 USD Million in 2024, according to our econometric models.

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Russia Foreign Exchange Reserves

Calendar GMT Actual Previous Consensus TEForecast
2022-10-07 01:00 PM Sep $540.7B $565.7B
2022-11-09 01:00 PM Oct $547.2B $540.7B $530B
2022-12-07 01:00 PM Nov $547.2B $550B

Related Last Previous Unit Reference
Interest Rate 7.50 7.50 percent Oct 2022
Interbank Rate 10.39 10.39 percent Dec 2022
Money Supply M1 41322.96 40601.68 RUB Billion Oct 2022
Money Supply M0 14669.80 14175.00 RUB Billion Oct 2022
Money Supply M2 75636.50 75096.80 RUB Billion Oct 2022
Foreign Exchange Reserves 547194.00 540688.00 USD Million Oct 2022
Central Bank Balance Sheet 47970591.00 47789257.00 RUB Million Sep 2022
Loans to Private Sector 39702093.00 39528091.00 RUB Million Dec 2021
Deposit Interest Rate 5.55 5.06 percent Sep 2022
Cash Reserve Ratio 5.00 4.00 percent Aug 2022

Russia Foreign Exchange Reserves
In Russia, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. After the Russian invasion of Ukraine, the Western countries have frozen about USD 300 billion of Russian reserves. Despite the prohibition of using assets, the central bank includes frozen assets in its data.
Actual Previous Highest Lowest Dates Unit Frequency
547194.00 540688.00 630627.00 4532.00 1992 - 2022 USD Million Monthly
Current Prices, NSA