Russia's Gold And Currency Reserves Plummet

The volume of gold and currency reserves of the Russian Central Bank dropped $1.3 billion in the past week, the bank's department for external and public relations reported. Its reserves were $38.6 billion as of November 23, 2001 and they plummeted to $37.3 billion as of November 30. The department linked this drop to the repayment of the first issue of Russian eurobonds by the Finance Ministry on November 27.