Russia’s International Reserves Decline Due to Negative Revaluation

Russia’s international reserves totaled $719.8 billion as of November 7, 2025, marking a decline of $6 billion, or 0.8%, over the week, the Central Bank of Russia reported.

The decrease was attributed primarily to negative revaluation. As of October 31, the country’s reserves had stood at $725.8 billion, The Caspian Post reports, citing TASS.

International reserves, which are highly liquid foreign assets held by the Bank of Russia and the Russian government, consist of foreign currency funds, special drawing rights, the reserve position in the IMF, and monetary gold. Following Russia's special operation in Ukraine, Western countries imposed sanctions against the Bank of Russia. In addition to freezing Russia's gold and foreign exchange reserves, all transactions related to the management of the Central Bank's reserves and assets, as well as transactions with any legal entity, organization, or body acting on behalf of or at the direction of the Central Bank, were banned.