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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Surprise $5bln jump in Russia’s foreign reserves

Posted on 05 December 2008

From Themoscowtimes.com: Catching market players offguard, the country’s foreign reserves rose by $5 billion last week, their first reported gain since the crisis took off in late September.

The reserves stood at $454.9 billion on Nov. 28, the Central Bank said, up from $449.9 billion Nov. 21, following a $3.6 billion loss the week previous….. Full Article: Source


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