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International Reserves of the Russian Federation Russian Federation: Data Template on International Reserves and Foreign Currency Liquidity Methodological Comments Methodological Notes to International Reserves Statistics

national liquidity coverage ratio). 5 Monetary Conditions and Monetary Transmission 63х170 REQUIRED RESERVE AVERAGING PATH OVER JUNE AND JULY AVERAGING PERIODS................................................................................................................................ Chart 5 Pp tn

International Reserves of the Russian Federation*.......................................................................................................................... 16 1.8. International Reserves and Foreign Currency Liquidity — Russia................................................................................................... 17 1.9. International Reserves Adequacy (International Reserves in

1.6 -4.7 -13.6 Net acquisition of financial assets, excluding reserve assets 30.1 18.2 11.9 7.6 6.3 -2.

2025 2026 2027 2028 2029 Change in reserves Foreign liabilities Foreign assets (excluding reserves) Financial account balance (including reserves) * In the balance item, ‘–’ denotes net

reserves are now expected to decrease by $5 billion in 2026. In 2027–2028, due to operations with resources of the National Wealth Fund, reserves