OREANDA-NEWSAccording to data as of May 22, 2020, the international reserves of the Russian Federation increased by 0.4% (or $ 2.4 billion) compared to the figure for May 15 and amounted to $ 565.3 billion. This is stated in the materials of the Bank of Russia.

The Central Bank noted that the growth occurred "under the influence of a positive revaluation". International reserves, which are highly liquid foreign assets held by the Bank of Russia and the government of the Russian Federation, consist of funds in foreign currency, special drawing rights (SDR), a reserve position in the IMF and monetary gold.

The target level of the Central Bank for international reserves is $ 500 billion.