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Sovereign Wealth Funds Briefing - Categorized | Performance

Russian SWFs fell $1.54 bln in January

Posted on 03 February 2010

From Bloomberg: Russia’s two sovereign wealth funds declined a combined $1.54 billion last month as the government tapped its reserves to plug a spending gap.

Russia’s Reserve Fund fell 1 percent to 1.8 trillion rubles, equivalent to $59.91 billion, in January, the Finance Ministry said in a statement distributed to reporters in Moscow today……………………………………Full Article: Source

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