International reserves of the Russian Federation for the week increased by $4.7 billion

Russia’s international reserves reached $758.2 billion on September 11. Over the week, reserves increased by $4.7 billion, the Bank of Russia reported. A week ago, the figure was $753.5 billion. The growth of reserves is explained by a positive revaluation of assets.

Revenues from Russian oil exports in August rose to $ 13.87 billion, which is $ 330 million more than in July. This happened despite a decrease in supply volumes to 6.44 million barrels per day. Crude oil exports amounted to 5.18 million barrels per day. This is higher than the same period last year by 450 thousand barrels.

The reserve structure consists of foreign currency, monetary gold, special drawing rights, a reserve position in the International Monetary Fund, and other reserve assets.