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Central Bank expects forex reserves to increase by $21.2 bln-$145.2 blnin 2009 (Part 2) (Interfax)

21st August 2008

Central Bank expects forex reserves to increase by $21.2 bln-$145.2 blnin 2009 (Part 2) (Interfax)

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MOSCOW. Aug 20 (Interfax) - The Central Bank of Russia forecasts forex reserves to increase by $156.4 billion in 2008, $21.2 billion- $145.2 billion in 2009, $15.7 billion-$155 billion in 2010, $1.1 billion-$93.3 billion in 2011, depending on oil prices, according to a report entitled “Main fiscal policy directions in 2009-2011.”

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