Pulse Monitor

CBR Foreign Reserves Reach $615 Billion as Gold Holdings Expand

February 17, 2026 at 08:35 PM623 views

Reserve Accumulation

The Central Bank of Russia has reported total international reserves of $615 billion, with gold now comprising over 30% of the portfolio.

Gold Strategy

  • Gold reserves: 2,340 tonnes valued at $185 billion
  • Monthly purchases averaging 15-20 tonnes
  • Diversification away from dollar-denominated assets continues

Currency Composition

The CBR has shifted reserves toward yuan-denominated assets, with Chinese government bonds now representing 18% of the non-gold portfolio. Euro holdings remain stable at 22%, while dollar assets have declined to under 10%.

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