As of August 8, 2003, the volume of gold and currency reserves of the Russian Central Bank amounted to $64.6bn increasing by $200m over the previous week. Experts report that the Central Bank's reserves have been increasing for the third consecutive week, starting on July 18. A total rise in the Central Bank's reserves over these three weeks reached $800m.
Despite this rise, the reserves are still lower than those registered as of May 30, which was more than two months ago, when the Central Bank posted reserves of $64.7bn. Central Bank's Senior Deputy Chairman Oleg Vyugin predicted a little earlier that the gold and currency reserves would rise insignificantly to $65bn or 66bn or remain unchanged until the end of this year compared to the present figure.
Russia, when signing documents for the sale of Alaska to the United States, was realizing her objective benefit
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War