Russia’s Reserve Fund by September 1 was reduced by 18.4 percent compared with the beginning of last month and totaled 2.09 trillion rubles. Such data was provided by the Ministry of Finance. The volume of the Russian National Wealth Fund decreased by 2.1 percent - to 4.7 trillion rubles. In August by $2.9 billion, $2.4 billion euros and 310 million pounds from the Reserve Fund have been sold for 390 billion rubles, and deposited to the account of the federal budget of Russia, the statement says. Income from the placement of funds in foreign currency accounts with the Central Bank for the period from January 15 to August 31 totaled $230 million or 15 billion rubles.





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