Page 49 - RusRPTNov18

5.2.4 Gross international reserves
Gross international reserves are current just over $460bn . However, with new US sanctions looming in November the CBR has cancelled its FX purchase plans so GIR is likely to remain at current levels for the rest of the year.
The CBR has an informal target to build up reserves to $500bn and the increase in GIR has been significant in recent years.
49 RUSSIA Country Report November 2018 www.intellinews.com