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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Russia’s Reserve Fund amounted to RUB 2.839 trillion on September 1

Posted on 04 September 2013

As of September 1, 2013, Russia’s Reserve Fund amounted to RUB 2.839 trillion ($85.38 billion), the National Wealth Fund totaled RUB 2.885 trillion ($86.77 billion), Russia’s Ministry of Finance informed.
In particular, the Reserve Fund’s account balances are as follows: $38.08 billion, EUR 29.4 billion, GBP 5.4 billion. From January 15 to August 31, 2013, aggregate income from the Reserve Fund deposits on foreign currency accounts with the Bank of Russia, denominated in US dollars, was estimated at $0.01 billion, which is equal to RUB 0.35 billion. From January 1 to August 31, the exchange rate difference from revaluation of these balances was RUB 239.43 billion………………………………………..Full Article: Source


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