Business » Finance

Central Bank reserves could reach $60bn this year - 14 March, 2003

The gold and currency reserves of the Russian Central Bank could exceed $60bn by the end of 2003, Central Bank Deputy Chairman Oleg Vyugin has told journalists today. According to him, currently the reserves amount to about $55bn.

Vyugin said that it would not influence the inflation rate considerably. By the end of the year the inflation could amount to 13 percent or 12 percent, which is in line with the budget. The inflation in March is likely to be 1 percent, he added.

Comments
How Russia can respond to Israel following Ilyushin Il20 shootdown
NATO's 5,000 warplanes ready to bomb Russia, Chinese media say
Russia blames Israel for Syria's move to shoot down Il-20 military aircraft above Mediterranean
NATO's 5,000 warplanes ready to bomb Russia, Chinese media say
NATO to strike Russia through Suwalki Corridor
NATO to strike Russia through Suwalki Corridor
NATO to strike Russia through Suwalki Corridor
NATO's 5,000 warplanes ready to bomb Russia, Chinese media say
Russia considers pulling out from Council of Europe
53 million Russians may lose their jobs within a few years
International Peace Day: We demand Peace!
NATO to strike Russia through Suwalki Corridor
NATO to strike Russia through Suwalki Corridor
How Russia can respond to Israel following Ilyushin Il20 shootdown
NATO's 5,000 warplanes ready to bomb Russia, Chinese media say
Russia sees Israel as enemy after Il-20 shootdown
Can Russia oppose coalition forces in the Mediterranean?
Can Russia oppose coalition forces in the Mediterranean?
Can Russia oppose coalition forces in the Mediterranean?
NATO to strike Russia through Suwalki Corridor
Russia considers pulling out from Council of Europe