The gold and foreign exchange reserves of Russia have decreased from $60,8 bln to $59,9 bln since May 9 to 16, 2003.

This decrease is connected with the Ministry of finance payments for the State debt. According to experts, one can’t speak about gold and currency exchange decline tendency.

Gold and foreign exchange reserves are high fluid financial assets; they include monetary gold, special rights of borrowing, reserves position in IMF and foreign currency. After July 1, 2002, the published figures of gold and foreign exchange reserves are reduced for the sum of floating liabilities of Central Bank of Russian Federation in article eight currencies.