Russia's cash reserves decreased by $ 5 billion during the month of January

Bayanalysis - Russian foreign reserves decreased to 590,685 million dollars in January, compared to 595,774 million dollars in December of last year 2020, according to the Central Bank of Russia. Russia's monetary reserve recorded a decrease of 5.089 billion US dollars, a decrease of 0.85 %.

(A billion = 1000 million, and it is called an Arab billion, which is a misnomer since the number of a billion is not in the modern mathematics table, and if the table of numbers is used in ancient mathematics, then a trillion is equal to one in front of it 18 zeros).

And the foreign monetary reserve in Russia has been up and down over several months since last year, reaching the lowest of 563.473 billion dollars in March of last year, while last December was the largest in Russia throughout the year, and in second place throughout its history, This is after the largest value of cash reserves recorded by the state in July / July 2008, which amounted to 596.566 billion dollars.

Whereas, the country witnessed the largest decline in foreign reserves since April 2015, which recorded at that time $ 356.005 billion, which is equivalent to only 60% of the current reserve.