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Russia’s Reserve Fund declined 3.7% in June, NWF down 3% — finance ministry

July 01, 15:16 UTC+3
Balances of the Reserve Fund as of July 1 amounted to $17.4 bln, €15.6 bln and ‎£2.6 bln
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© Sergei Konkov/TASS

MOSCOW, July 1. /TASS/. The Russian Reserve Fund declined 3.7% in June to 2.5 trillion rubles ($39 bln) and the National Wealth Fund (NWF) dropped 3% to 4.7 trillion rubles ($73.4 bln), the Finance Ministry said on Friday.

Balances of the Reserve Fund as of July 1 amounted to $17.4 bln, €15.6 bln and  ‎£2.6 bln. Total revenues from placement of the Reserve Fund resources at foreign currency accounts with the Bank of Russia amounted to $0.27 bln from January 15 to June 30 of this year.

Revenues from NWF resources placement equaled $0.28 bln during the same period.

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