Nabiullina: Central Bank of the Russian Federation for May and June bought into reserves of just over $ 3 billion – RBC

Quote.rbc.ru 08.06.2015 12:03

Bank of Russia bought the May-June 2015 a little more than $ 3 billion to replenish international reserves. This was reported by the head of the Bank of Russia Elvira Nabiullina during a speech in the State Duma.

“The beginning of the ruble to appreciate the situation and even allowed us to start rebuilding reserves. We buy the currency market, the May-June bought a little more than $ 3 billion” – she said, adding that the Central Bank announced a program intended to restore the gold reserves for a long time.

The head of the Bank of Russia also noted that previously announced a comfortable level of international reserves of $ 500 billion is an approximate guide. “It is not the goal, the goal – is to ensure price and financial stability, so in the event of market volatility and the risks of financial stability, risk reduction targets inflation and we are ready to change the volume of these purchases, and to suspend them” – explained Nabiullina, reports Tass.

The volume of international reserves of the Russian Federation was $ 356.77 billion.