ARAF to check information from new ARD film on doping in Russian sportSport January 22, 22:47
All countries observe oil output cuts agreement — Russian energy ministerBusiness & Economy January 22, 16:59
Rogozin calls "dangerous incident" UK botched missile launchRussian Politics & Diplomacy January 22, 16:32
Medvedev calls United Russia ruling party, president's main resourceRussian Politics & Diplomacy January 22, 16:27
Mutko calls silly information Infantino asks him not to run for RFU headSport January 22, 16:24
Seven parties to participate in Syrian talksWorld January 22, 9:54
Russia’s Pavlyuchenkova reaches Australian Open quarterfinalsSport January 22, 7:19
IBU Executive Board finds no grouns to suspend Russia's biathlon teamSport January 21, 22:53
Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
MOSCOW, March 03, /ITAR-TASS/. Russia’s Reserve Fund went up by 2.5 percent to accumulate 3,148 billion roubles (USD 1 = RUB 36.38) by March 1, 2014, the Russian Finance Ministry said on Monday. In addition, the National Wealth Fund has accumulated 3,145 billion roubles, thus increasing by 2.1 percent in the past month, the ministry added.
According to the Ministry, the Reserve Fund reached 3,148.08 billion roubles, or 87.33 billion U.S. dollars as of March 1, 2014. The Reserve Fund’s assets embraced 38.08 billion U.S. dollars, 29.40 billion euros and 5.40 billion British pounds.
Overall return from the placement of the Reserve Fund’s money on the Central Bank’s foreign currency-denominated assets, calculated in the U.S. dollars, was estimated at 0.14 billion U.S. dollars (4.91 billion roubles) over the period from January 15 through February 28, 2014. The exchange adjustment of the balance of assets reached 288.35 billion roubles in the period from January 1 through February 28, 2014.
According to the Finance Ministry, the National Wealth Fund accumulated 3,145.34 billion roubles, or 87.25 billion U.S. dollars as of March 1, 2014, including 24.58 billion U.S. dollars, 24.90 billion euros and 4.38 billion British pounds, which were placed into the Central Bank’s assets. In addition, 474.02 billion roubles (6.25 billion U.S. dollars) were placed into the deposits of the Vnesheconombank.
Besides, three billion U.S. dollars were transferred into debt liabilities of foreign states on the basis of the Russian government’s decision, without requirements to the long-term credibility rating. Total yield from the placement of the Wealth Fund’s money into the Central Bank’s foreign currency denominated assets (calculated in dollars) was estimated at 0.10 billion U.S. dollars (3.64 billion roubles) over the period from January 15 through February 28, 2014. The exchange adjustment of the Fund’s balance of assets reached 244.70 billion roubles in the period from January 1 through February 28, 2014. Among them, 213.97 billion roubles were placed to the Bank of Russia’s foreign currency-denominated assets; 20.77 billion roubles - in the Vnesheconombank’s dollar-denominated assets, and 9.96 billion roubles - in the debt obligations of foreign states in compliance with the Russian government’s decision.
Overall revenue from the placement of the National Wealth Fund’s money to the Vnesheconombank’s deposits was estimated at 6.89 billion roubles (0.21 billion U.S. dollars) in January-February 2014.