Russia’s international reserves increased

The Bank of Russia spoke about the dynamics of the international reserves of the Russian Federation, reports a correspondent DOPs with a link to the data on the regulator’s website.

It is reported that the volume of international reserves as of December 16 amounted to 581.7 billion dollars, that is, it increased by 5.2 billion over the week “under the influence of a positive revaluation.”

Recall that recently the Board of Directors of the Central Bank decided to keep the key rate at the current level, that is, in the amount of 7.50% per annum.

The Central Bank noted that the current rate of price growth is moderate, and consumer demand is restrained, while inflation expectations of the population and business have not changed significantly, while remaining at an elevated level.