The country’s holdings surged by more than $14 billion in December, according to the Central Bank Russia continues to grow its foreign currency reserves, which surpassed $580 billion in December, the Bank of Russia announced this week.

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New routes could substantially reduce the travel time between the capital and several major cities Russian Railways (RZD) will continue developing the country’s high-speed railroad system and intends to build three major new lines in the near future, its head, Oleg Belozerov, has revealed.