Russia cuts dollar and euro share in FX reserves in 2020

As of Jan. 1, the dollar share was down to 21.2% from 24.5% a year earlier

  

MOSCOW- Russia's central bank cut shares of the dollar and euro in its gold and foreign exchange reserves in 2020, it said on Thursday.

As of Jan. 1, the dollar share was down to 21.2% from 24.5% a year earlier and the euro share declined to 29.2% from 30.8% last year.

The share of Chinese yuan rose to 12.8% from 12.3% last year and the share of gold - to 23.3% from 19.5% a year earlier.

(Reporting by Elena Fabrichnaya; Writing by Maria Tsvetkova; Editing by Alex Richardson) ((maria.tsvetkova@thomsonreuters.com; +7 495 775 1242;))

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