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Russia Increased Euro Reserves

March 23, 2005 admin-dominor

Russian news agency RIA Novosti reports that the euro ratio in the exchange reserve ratio has increased from 0.1 to 0.2. It is noted in the statement that the exchange reserve of the Russian Central Bank has been at 0.2 since 15 March 2005 and at 0.8 for the US dollar.

The statement also noted that it aims to make the euro ratio stable against ruble and other monetary units.

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