November Gross International Reserves Down to $82.73 Billion

Foreign exchange reserves declined to $82.73 billion in November, or $2.38 billion lower than the October level of $85.11 billion. The decline was attributed to foreign exchange operations of the central bank, revaluation adjustments on gold holdings because of a price decrease in the international market, and payments made for maturing foreign exchange obligations. The level could cover 9.6 months’ worth of imports of goods and…

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