# Russia's central bank reports international reserves at US$720.3 billion at end-July, ruble at 81.41 per US dollar
> The Bank of Russia published its July 2026 reserve data on August 7, showing total international reserves nearly flat at US$720.3 billion, down 0.01 percent from June; monetary gold fell 2.05 percent to US$292.854 billion on revaluation; the ruble was set at 81.41 per US dollar and 94.06 per euro for August 7

**Meta:** type: event · date: 2026-08-06 · heads: Whose Money · 3 takes · 2 lenses · 1 regions

## Summary

The [Bank of Russia](/en/entity/bank-of-russia) on August 7 published its July 2026 reserve data, showing [Russia's](/en/entity/russia) international reserves at US$720.348 billion, virtually unchanged from June (down 0.01 percent). In the final week of July, reserves fell US$11.8 billion to US$720.3 billion, the central bank saying the drop was driven by negative revaluation of assets, not by active spending. Monetary gold, a large share of Russia's holdings, fell 2.05 percent in value to US$292.854 billion. The Bank of Russia set the official ruble rate at 81.41 per US dollar and 94.06 per euro for August 7.

## Why it matters

Russia has maintained reserves above US$700 billion throughout the post-2022 sanctions period, using the buffer to stabilise the ruble and fund the war budget without triggering a currency crisis. The July data show the buffer is holding. The monetary-gold component, worth nearly US$293 billion, represents a significant fraction of total reserves; a sustained fall in gold prices would put pressure on the total.

## What to watch
- Whether gold price movements push total reserves below US$700 billion
- The ruble exchange rate for signs of pressure on the Bank of Russia to defend the currency
- Next monthly data release showing whether July's stability continues into August

## Regional takes (batched by bias / lens)

### Russian state wire relaying Bank of Russia weekly data; the most detailed snapshot, attributing the week's $11.8 billion fall in reserves to negative revaluation of assets rather than drawdown
- **TASS** (Russia, en) — TASS reported the Bank of Russia's weekly data release showing international reserves dropped US$11.8 billion in the week to US$720.3 billion; the central bank attributed the decline to negative revaluation, meaning currency and asset-price movements rather than active spending of reserves.
  > "Russia's international reserves down by $11.8 bln to $720.3 bln in a week, Central Bank. According to the regulator, the number decreased largely due to negative revaluation."
  Source: https://tass.com/economy/2169737

### unlabelled
- **TASS** (Russia, en) — 
  Source: https://tass.com/economy/2169801
- **TASS** (Russia, en) — 
  Source: https://tass.com/economy/2170245

## Across the graph
- Related: [[bank-of-russia-cut-1425-june-2026]], [[russia-oil-revenue-squeeze-2026]], [[russia-consumer-frugality-0803]], [[moex-record-drop-jul17]]
- Entities: Russia, Bank of Russia

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Canonical: https://rbtfl.xyz/en/n/russia-reserves-0807