Russia Sees Minor Decline in International Reserves

Russia’s international reserves stood at $741 billion as of December 12, 2025, marking a decline of $0.5 billion over the past week, according to data released by the Bank of Russia, The Caspian Post reports, citing TASS.

As of December 5, the volume of reserves amounted to $741.5 bln.

On October 17, 2025, Russia’s international reserves reached a record high of $742.4 bln.

International reserves, which represent highly liquid foreign assets held by the Bank of Russia and the Russian government, include foreign currency holdings, special drawing rights, the reserve position in the International Monetary Fund, and monetary gold.

Following the start of the Russia-Ukraine war, Western countries imposed sanctions on 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 involving any legal entity, organization, or body acting on behalf of or under instructions from the Central Bank, were banned.