Russia

Russia's international reserves rise $0.5 bln to $722.9 bln in a week — Central Bank

TASS English · 2026-07-23

AI SUMMARY

• What happened: Russia's international reserves increased by $0.5 billion to reach $722.9 billion as of July 17, 2026, according to the Central Bank of Russia. • Why it matters: The rise in reserves reflects the liquidity of Russia's foreign assets, which have been impacted by Western sanctions following the military operation in Ukraine, affecting the management of these reserves. • What to watch next: Observers should monitor how ongoing sanctions and geopolitical tensions may influence Russia's economic stability and reserve management in the coming weeks.

Russia's international reserves rise $0.5 bln to $722.9 bln in a week — Central Bank As of July 10, the reserves amounted to $722.4 billionMOSCOW, July 23. /TASS/. Russia's international reserves stood at $722.9 billion as of July 17, 2026, up $0.5 billion over the week, Central Bank data showed on Thursday. As of July 10, the reserves amounted to $722.4 billion. Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian government. They comprise foreign currency, Special Drawing Rights (SDRs), a reserve position in the International Monetary Fund and monetary gold. Following the onset of Moscow’s special military operation in Ukraine Western countries slapped sanctions against the Bank of Russia. Apart from freezing Russia’s gold and foreign currency reserves, all transactions related to management of the regulator’s reserves and assets, as well as transactions with any legal entity, organization or body acting on behalf or at the direction of the Central Bank, were prohibited. 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Source: TASS English
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