The reserve fund of the Russian Federation in July rose 1.3%, FNB — 1.1%

The Reserve Fund of Russia in July 2013 increased by 1.3 percent and amounted to 2.807 trillion rubles, the volume of the National Welfare Fund (NWF) increased by 1.1 percent — up to 2.858 trillion rubles. This was said in a statement the Ministry of Finance.

"As of August 1, 2013 the total amount of the Reserve Fund amounted to 2 807.02 billion, which is equivalent to 85.35 billion dollars. Aggregate volume National Welfare Fund amounted to 2 858.04 billion, which is equivalent to 86.90 billion dollars," — said in a statement.

 

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