The volume of Russia’s international reserves (MRR) increased in July by $ 9.258 billion (+ 1.6%) to $601.003 billion, according to the Bank of Russia.
The cost of monetary gold in the MPR increased in July by $4.434 billion (+ 3.4%) to $134.874 billion. The share of gold in the MPR increased from 22% to 22.4%.
In general, the volume of MRR increased in January-July by $5.229 billion (+ 0.9%), by January 1, MRR amounted to $595.774 billion.
MRPs are financial assets held by the government and the Bank of Russia.
MPRs consist of foreign currency assets, monetary gold, special drawing rights (SDRs, Special Drawing Rights, the currency of account used by the International Monetary Fund, IMF), a reserve position in the IMF, and other assets.
In 2014, the volume of MRR decreased by $125 billion – from $510.5 billion as of January 1, 2014 to $385.46 billion as of December 31, 2014.
In 2015, the volume of MRR decreased by 4.5% (by $17.46 billion) – from $385.46 billion as of January 1, 2015 to $368 billion as of January 1, 2016.
The maximum value of the MPP reached in May 2021 – $605.9 billion. During the crisis of 2008-2009, the volume of MRR decreased to $376 billion (March 2009).
