Market Analysis
Russian National Wealth Fund Reaches $141.5 Billion as of June 1
Amos Simanungkalit · 2.4K Views
As of June 1, the assets of Russia's National Wealth Fund (NWF) were valued at $141.5 billion, representing 7.1% of the country's gross domestic product (GDP), according to the finance ministry's report on Wednesday.
This marks an increase from the $138.9 billion recorded on May 1. The fund's liquid assets amounted to $56.2 billion, or 2.8% of the projected GDP, slightly down from $56.4 billion the previous month, the ministry noted.
Paraphrasing text from "Reuters" all rights reserved by the original author.