The Central Bank called the volume of international reserves of Russia

This was reported on the regulator's website.

"The volume of international reserves as of July 16 amounted to $ 597.4 billion, having increased over the week by $ 3.6 billion, or 0.6%," the statement said.

It is clarified that the increase in the volume of international reserves occurred under the influence of a positive revaluation and the purchase of foreign currency within the framework of the budgetary rule.

Earlier, Lazar Badalov, Associate Professor at the Department of World Finance at the Financial University under the Government of Russia, in an interview with Newinform, assessed the prospects of the Russian banking sector in 2021.