In the ranking of countries by the volume of gold and foreign exchange reserves, Russia has risen by one line
Based on the results of nine months of 2022, Russia has moved up one position in the ranking of countries in terms of gold and foreign exchange reserves. Now it ranks fourth in the world.
This information is provided by the agency. RIA News, whose journalists analyzed data from central banks around the world.
In 2022, Russia managed to overtake India. In this country, gold and foreign exchange reserves for the specified period amounted to 532 billion dollars, while Russian reserves reached 540 billion. True, unfortunately, the funds frozen in Europe were included in this amount.
As you can see, the indicators of Moscow and New Delhi are almost the same. This situation has been observed since about 2015.
As in previous years, China is the undisputed leader of the ranking this year. It has gold and foreign exchange reserves worth almost $3,2 trillion. It is followed by Japan with over 1,2 trillion. The third place in the ranking belongs to the Swiss, whose gold and foreign exchange reserves amount to almost 900 billion dollars.
Saudi Arabia is also trying to catch up with India and Russia, taking the next position behind them.
This spring, the head of the Central Bank of the Russian Federation, Elvira Nabiullina, stated that the total amount of frozen Russian funds was approximately $300 billion. Actually, there is no complete certainty that they will ever be returned.
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