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Russia’s gold and foreign currency reserves drop

Russia’s Central Bank announced today that the country’s reserves of gold and foreign currency dropped during the current month of march to USD 507.7 Billion.

The highest level achieved by Russia in reserves was in 2008 before the eruption of the global economic crisis when its gold and foreign currency reserves reached USD 598 Billion.

Russia rank third internationally with regard to gold and hard currency reserves after China and Japan.(QNA)

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Posted by on Mar 18 2012. Filed under Gold price. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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