For more information, get in touch with our team:
+44 7918 53 08 73
Hint mode is switched on Switch off
  • High performance interface for global bond market screening
  • Full information on close to 500,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 100 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

VTB: CBR reserves reach year-high as of end-September

October 9, 2012
According to the CBR, Russia’s international reserves increased USD 13.5bn in September to reach USD 528.1bn as of 1 October, the highest level since 1 September 2011. Foreign currency reserves increased USD 11.5bn and gold gained USD 3.8bn.

The CBR’s international reserves mainly advanced on the back of both the ongoing rally in EUR (from 1.20 at the end of July to the 1.32 posted in mid-September) and GBP strengthening against USD last month, adding USD 7.2bn and USD 5.7bn, respectively to the headline change in the CBR’s reserves. According to the official data, the CBR’s net selling during the reported period (1-30 September) totalled USD 0.5bn (RUB 18.3bn) and reduced the reserves. At the same time, the share of gold in the CBR’s reserves kept growing and exceeded 10% for the first time ever, supporting the CBR’s broadly announced willingness to increase gold reserves.

Maxim Oreshkin, Daria Isakova
VTB Capital analysts