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N e w s APRIL 13, 2001  Over March 30 - April 6 Gold Reserves of Russia Grew 1% to Achieve $30 bn Over March 30 - April 6 gold reserves of Russia increased $300 mln i.e. approximately 1% to achiever $30 bn, CBR PR Department informed Prime-TASS. Compared with the beginning of 2001 when volume of gold reserves was $28 bn this figure increased 7.14%. Meanwhile, at the Association of Russian Banks meeting Chairman of the CBR Victor Geraschenko said that the most optimun volume for Russia is $45 bn. According to him achieved level of gold reserves ensures economical stability of the country but it is not enough to ensure stabilty for covering foreign debt.
Source: Prime-TASS
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