Russia’s reserve Fund for October dropped to 4,23 trillion rubles

Russia’s reserve Fund for October dropped to 4,23 trillion rubles


Thus, the Reserve Fund of the Russian Federation for the month decreased by 9.4%, according to the Finance Ministry. The national welfare Fund decreased by 3.1%, up to 4.73 trillion rubles.

MOSCOW, 2 Nov. The reserve Fund of the Russian Federation for October decreased by 9.4% to 4,23 trillion rubles, national welfare Fund (NWF) — by 3.1%, up to 4.73 trillion rubles, said Monday the Ministry of Finance.

In dollar terms the total volume of the Reserve Fund decreased by 6.8% to 65,71 billion dollars, and the volume of NWF — 0.3%, 73,45 billion.

The aggregate calculated income from placing funds of the Reserve Fund on accounts in foreign currency with the Bank of Russia for the period from 15 January to 31 October 2015 amounted to 0.16 billion US dollars, which is equivalent to 10.38 billion.

The aggregate calculated income from placing funds of the national welfare Fund on accounts in foreign currency with the Bank of Russia, recalculated in dollars, for the period from 15 January to 31 October 2015 amounted to 0.11 billion us dollars, the equivalent of 7.36 billion.

The aggregate income from placing funds of the Fund in eligible financial assets, except funds on accounts with the Bank of Russia from January to October 2015 $ 44,32 billion rubles, which is equivalent to 0.72 billion.