Russia Reserves fell for the first time in three weeks.

International (gold) reserves of Russia for a week from 27 March to 3 April, fell to three billion dollars to 385 billion dollars. This is stated in the official press release of the Central Bank the country.
Prior to this, international reserves of Russia grew within two weeks. First, they have grown to nine billion dollars, and then - even at 2.7 billion dollars.
Earlier in the Central Bank reported that actively buy on the market of international currency reserves, as investors were showing interest in the ruble. In these circumstances, the Central Bank was forced to buy dollars and euros that the exchange rate does not increase too much. According to the monetary authorities, only the first seven days of April Centrobank bought on the market two billion dollars. This March, he bought four billion, and in February - even a billion.
During the autumn of 2008 and winter 2009 on Central Bank was forced to sell the currency market, as investors played against the ruble. These goals were spent hundreds of billions of dollars - even in August, the reserves amounted to nearly 600 billion dollars.
Reduction of reserves at the end of March and early April may be related to the revaluation reserves due to currency fluctuations. In addition, in 2009, Russia promised to take power from reserves (reserve fund that is included in the structure of international reserves) to cover the budget deficit. Only in April for this purpose is planned to allocate 600 billion rubles.
The international reserves of Russia are among the highest in the world. They consist mainly of U.S. and euro, as well as a number of other currencies, monetary gold, reserve position in IMF.