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Sovereign Wealth Funds Briefing - Categorized | Performance

Russia’s SWFs declined $15.9 bln in December

Posted on 13 January 2010

From Bloomberg: Russia’s two sovereign wealth funds declined a combined $15.9 billion last month as the government tapped its reserves to plug its spending gap.

The Reserve Fund fell to $60.5 billion from $75.1 billion at the end of November, while the National Wellbeing Fund decreased to $91.6 billion from $92.9 billion, the Finance Ministry said on its Web site today……………………………………Full Article: Source


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