Russian central bank reserves: what are they made of?

1 min read
A Russian flag flies over Russian Central Bank headquarters in Moscow

LONDON – Major Western economies have launched moves to exclude Russian banks from the main global payments system while imposing curbs on Russia’s central bank to undermine its ability to support the rouble and finance Moscow’s war effort.

The following is a breakdown of Central Bank of Russia reserves, according to its own data. It refers to the data in the right-hand chart as “the geographical structure of assets by place of residence of counterparties or issuers of securities”.

A related graphic: Breakdown of reserves held by Russia’s central bank:

(Reporting by Andy Bruce; editing by Mark John and Catherine Evans)