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operations in the foreign exchange market to replenish international reserves. With a significant amount of international reserves, the Bank of Russia will be able to

24.5 -2.5 -25.5 Net acquisition of financial assets, excluding reserve assets 7.7 4.6 0.0 3.1 3.7 35.

enforcement of court decisions in UN member states. The Bank of Russia reserves the right, without further notice, to apply all available remedies and protections

Basics of Insurers’ financial stability and solvency under Regulation No. 781-P Insurance Reserves Calculation under Regulation No. 781-P Articles 25 and 26 of Law of

reserve assets, and other investment covering all other financial investments. 6 Russia’s Balance of Payments / No. 3 (24) • 2025 Q3 In 2025 Q3, reserve

of reserve assets 61 78 57 52 51 Net incurrence of liabilities 23 -20 9 -1 1 Net acquisition of financial assets, net of reserve