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Russia's gold and currency reserves up
RBC, 08.12.2005, Moscow 13:24:12.The Bank of Russia's gold and currency reserves reached USD168.4bn on December 2, up USD1.2bn compared to the previous week. Reserves had advanced for the third week in a row having gained USD5.2bn, or more than 3 percent. At the same time, from November 18 to December 2 growth totaled USD5.1bn. To all appearances, the Central Bank resumed its active foreign currency purchases on the domestic market in mid November. As a result, the Russian Bank's gold and currency reserves are close to those of South Korea, which ranks fourth in the world in terms of the reserves volume.
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