Any effort to resolve the conflict in Ukraine is welcome, a senior diplomat said of the proposal Moscow appreciates any initiatives by other nations to achieve peace, Russian Deputy Foreign Minister Andrey Rudenko has said, reacting to an Indonesian proposal for a ceasefire in Ukraine. Kiev has rejected the plan, branding it as beneficial to…

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The country’s holdings rose by more than $5 billion over a two-week period, official data shows Russia has continued to boost its foreign currency reserves, which reached $598.5 billion as of January 5, according to the country’s central bank. This represents an increase of $5.1 billion in the two-week period since December 22.