According to him, to date, the reserves of the National Wealth Fund of Russia exceed $ 125 billion, and international reserves amount to $ 560 billion.
“The stock of strength of the economy and the country's financial system is guaranteed by accumulated reserves,” the Kremlin’s press service quoted Putin as saying.
He made a corresponding statement during the meeting on economic issues.
Earlier, the head of the Department of Management Theory and Business Technologies of the Plekhanov Russian Economic University, Professor, Doctor of Sciences Valery Maslennikov commented on the Russian policy regarding gold and foreign exchange reserves in an interview with the FBA “Economics Today”.