By Nirmal Bang - Russia's gold and foreign exchange reserves fell to $431.5 billion on Feb. 12 from $433.2 billion a week earlier, central bank data showed today. - Sri Lanka central bank is unlikely to buy more gold from the International Monetary Fund (IMF) right now as the island nation has already reached its required reserve level, its governor said on Thursday. The IMF has said it would soon begin sales of 191.3 tonnes of gold remaining in its plan to raise new resources for lending, with traders saying it may seek buyers among Asian central banks. - Despite holding some of the world's largest oil reserves, OPEC member Venezuela has refining and power generation problems that are forcing it to import increasing amounts of fuel. Venezuela, for years a supplier of refined products to the United States and Latin America, imported growing amounts of oil products during 2009, according to government-backed statistics, amid frequent unplanned refinery outages. - Sudanese state oil firm Sudapet has issued a tender offering a total of 1 million barrels of heavy sweet Nile Blend crude for loading in April, a trader said today.

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