Russian Reserve, National Wellbeing Funds Advanced Last Month

Russia’s Reserve Fund rose in dollar terms to $26.4 billion in October from $25.9 billion a month earlier, the Finance Ministry said on its website today.

The National Wellbeing Fund grew to $91.2 billion as of Nov. 1 from $88.7 billion in the previous month, according to the statement.

To contact the reporter on this story: Scott Rose in Moscow at rrose10@bloomberg.net

To contact the editor responsible for this story: Paul Abelsky at pabelsky@bloomberg.net

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