Increase the size of Russia’s reserves of gold and hard currency

Gold price technical analysis 30 - May, 2013

Russian Central Bank announced that the volume of reserves of Russia’s gold and hard currency rose to 512.4 billion dollars by the eighth of June.

The Russian central bank, said in a statement today that the country’s reserves of gold and foreign currencies increased since the first of June, by 3.2 billion dollars.

Russia has achieved the highest level at this level on the eighth of August 2008, before the outbreak of the global financial crisis, when the reserves of gold and hard currency to 598 billion dollars.

Russia and operates the world’s third largest reserves of the national gold and hard currency behind China and Japan.