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Bank of Russia reserves and funds
Annual Report for 2022
Bank of Russia
millions of rubles
Reserve fund Social fund Revaluation reserves Growth in the
1022
31.08.2023
August 2023
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In April—June 2023, pension reserves in non-governmental pension funds (NPFs) increased by 3.3%, while pension savings
of banks’ required reserves with the Bank of Russia 0.7 -0.1 0.0 -0.1
2. Change in free bank reserves (correspondent accounts
International Reserves of the Russian Federation*.......................................................................................................................... 15
1.8. International Reserves and Foreign Currency Liquidity — Russia................................................................................................... 16
1.9. International Reserves Adequacy (International Reserves in
1025
16.08.2023
NPFs’ returns exceed inflation
16 August 2023
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Over 2023 H1, weighted average returns on the pension savings and pension reserves
COMPLIANCE WITH RESERVE REQUIREMENTS Table 5
Averaging period to calculate Actual average Required reserves to be Memo item:
Averaging Required reserves in
required reserves for
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© Central
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errors in this work are solely
those of the authors.
All rights reserved. Any reproduction is permitted only with the authors’ consent
Cover photo: Shutterstock
things.
Financial account International reserves
In 2023 Q2, the financial account surplus In 2023 Q2, reserve assets dropped by
(net of reserve assets) totalled $6