Source Pravda.Ru

Central Bank sees upsurge in its reserves

Gold and currency reserves of the Russian Central Bank amounted to $44.7bnas of August 16, thus rocketing $600m over the past week. The same rise inthe bank's reserves was observed a week earlier. In other words, gold andcurrency reserves of the Central Bank went up $1.2bn over the past twoweeks and $2.7bn since July 5, less than a month and a half ago.The Central Bank's gold and currency reserves have been rising over thepast seven weeks after new methods of their calculation were introduced.According to these methods, short-term obligations nominated in hardcurrency are not included in the bank's reserves. If we relied on the oldcalculation system, the bank's reserves would be increasing for a muchlonger period of time, i.e. from the beginning of April, or four months anda half.Experts forecast that gold and currency reserves of the Central Bank willhit a record of $45bn in a week..

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Moscow is trying to stop Balkan countries from entering NATO. Greece eventually took measures against Russia, even though Greek Prime Minister Alexis Tsipras had earlier said that Russia was Greece's strategic partner

Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia