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Russia’s reserves edge down to $723.2 billion amid frozen assets

The Bank of Russia said international reserves were $723.2 billion on 16 October 2026, slightly lower than a week earlier, while Western sanctions still freeze assets linked to the war in Ukraine.

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Russia’s international reserves stood at $723.2 billion as of 16 October 2026, down $0.3 billion over the week, according to materials published by the Bank of Russia. A week earlier, on 9 October, the reserves totaled $723.5 billion.

The regulator said international reserves changed only slightly over the week and stood at $723.2 billion at the end of 16 October 2026.

The bank describes international reserves as highly liquid foreign assets held by the Bank of Russia and the Russian government. They include foreign-currency assets, special drawing rights, the reserve position in the International Monetary Fund, and monetary gold.

Western countries imposed sanctions on the Bank of Russia after Russia launched its military operation in Ukraine. Besides freezing Russia’s gold and foreign-exchange reserves, they banned all transactions related to managing the central bank’s reserves and assets, and transactions with any legal entity, organization or body acting on behalf of or at the direction of the central bank.

Source: tass.com

Russia international reserves · Bank of Russia · gold and forex reserves · Western sanctions · Ukraine · IMF reserve position