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  N e w s

12 AUGUST 2003  

Gold and currency reserves will not have increased significantly by the end of the year

Based on the materials from Regions.Ru.

According to Oleg Vyugin, the first deputy chairman of the Central Bank of Russia, gold and currency reserves of the country in 2003 will not increase significantly by $1-2 bln only up to $65-66 bln. Experts do not agree with Mr Vyugin, but admit that his confidence has the basis — the situation in Russian economics and market influencing the level of gold and currency reserves allows to make such forecasts.



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