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Russian National Wealth Fund down 8.25% in November, says finance ministry

As of December 1, the NWF funds in various currencies were allocated in the Bank of Russia: $19.711 bln, 17.641 bln euro, 3.384 bln pounds sterling and 87.5 bln rubles

MOSCOW, December 5. /TASS/. Russia’s National Wealth Fund (NWF) decreased by 8.25% in November 2018 in ruble terms to 4.567 trillion rubles ($68.4 bln), according to the files released by the Finance Ministry on Wednesday.

In dollar terms, the fund slipped from $75.6 bln to $68.5 bln.

As of December 1, the NWF funds in various currencies were allocated in the Bank of Russia: $19.711 bln, 17.641 bln euro, 3.384 bln pounds sterling and 87.5 bln rubles.