Russia’s National Wealth Fund falls to 12.140 tln rbl in June
MOSCOW, Jul 6 (PRIME) -- The National Wealth Fund, designed to secure Russia’s pension system, fell by 21 billion rubles in June to 12.140 trillion rubles as of July 1 and rose by U.S. $1.66 billion to $173.544 billion, the Finance Ministry said on Monday.
Balances on accounts with the central bank split by currency stood at $53.361 billion, 45.959 billion euros, and 8.911 billion British pounds. The funds on deposits in VEB.RF stood at 581 billion rubles. Investments in defaulted Ukrainian bonds amounted to $3 billion.
Investment in the securities of Russian companies amounted to 225.236 billion rubles and $4.113 billion, in preferred shares of credit institutions to 278.992 billion rubles. The deposits placed with VTB Bank and Gazprombank for financing of infrastructure projects on conditions of repayment stood at 138.434 billion rubles, and 2.3 trillion rubles were invested in ordinary shares of Sberbank.
The combined income from the National Wealth Fund money placed on the foreign currency accounts with the central bank stood at $1.107 billion, or 77.429 billion rubles, between December 15, 2019 and June 31, 2020. The foreign exchange difference from revaluation of the fund’s money from January 1 through June 31, 2020 stood at 860.077 billion rubles.
(70.4999– U.S. $1)
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