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Home News Russia Spends 12Bln From Oil Wealth Funds in April

Russia Spends 12Bln From Oil Wealth Funds in April

Published on 04/05/2010

The Reserve Fund fell to 1.19 trillion rubles on May 1 from 1.55 trillion rubles a month earlier, dented by a transfer of some 350 billion rubles into the budget and, to a lesser extent, by the appreciation of the ruble against foreign currencies in which the cash is kept.