OREANDA-NEWSAccording to data as of May 29, 2020, the international reserves of the Russian Federation decreased by 0.2% (or $ 1.4 billion) compared to the figure for May 22 and amounted to $ 563.9 billion. This is stated in the materials of the Bank of Russia.

The regulator noted that the decrease was "due to the negative revaluation and sale of foreign currency in the domestic foreign exchange market". Last week, reserves increased by $ 2.4 billion. International reserves are highly liquid financial assets held by the Bank of Russia and the Russian government.