Russian National Wealth Fund down slightly to $140.1bln on Oct 1 – finance ministry

Russian National Wealth Fund down slightly to $140.1bln on Oct 1 – finance ministry

Russian National Wealth Fund down slightly to $140.1bln on Oct 1 - finance ministryWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>WORLD>UK and Europe>Russian National Wealth ...PHOTOThe assets of Russia's National Wealth Fund (NWF) stood at the equivalent of $140.1 billion as of Oct. 1, or 9.1% of projected 2023 gross domestic product, down from $142.9 billion on Sept. 1, Russia's finance ministry said on Thursday.The NWF is a rainy-day fund built up from profits on oil and gas exports.The fund's liquid assets totalled the equivalent of $73.3 billion, or 4.8% of projected GDP, in early October, similar to a month earlier. (Reporting by Darya Korsunskaya; Writing by Alexander Marrow; Editing by Kevin Liffey)Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible