Reserve Fund of Russia decreased by one third in a year
The volume of the Russian Reserve Fund has decreased by 36.4% in comparison with the volume in 2015. On February 1st its size was 3.737 trillion rubles, information posted on the website of the Ministry of Finance stated.
The amount of the Reserve Fund in dollar terms fell by 41.5% to $49.72 billion. At the same time, the National Welfare Fund (NWF) rose to 5.35 trillion rubles, adding 4.8% during the year.