19.01.2016, 21:56
Of January 1, Amount of Reserve Fund was USD 49.95 billion
OREANDA-NEWS. In December of 2015, in accordance with the Federal Law dated December 1, 2014 N 384-FZ "On the Federal Budget for 2015 and for a planned period of 2016 and 2017" and in accordance with Executive Order of the Russian Finance Ministry dated December 10, 2015 N 492 "On Using Financial Resources of the Reserve Fund in Foreign Currency to Fund the Federal Budget Deficit in 2015," a part of the financial resources of the Fund in foreign currency from the Bank of Russia's accounts in the amount of 4.52 billion US dollars, 4.14 billion euros and 0.67 billion pounds sterlings were sold for 710.67.00 billion rubles and the funds received were transferred to the unified account of the federal budget to cover its deficit.
As of January 1, 2016, the aggregate amount of the Reserve Fund was 3 640.57 billion rubles which is equivalent to 49.95 billion US dollars. The amounts of balances in separate accounts to record funds of the Reserve Fund were:
* 22.71 billion US dollars;
* 20.26 billion euros;
* 3.44 billion pounds sterlings.
The aggregate calculated income from placing funds of the Reserve Fund in foreign currency accounts of the Bank of Russia recalculated in dollars for a period from January 15 to December 31, 2015 was 0.11 billion US dollars, which is equivalent to 7.67 billion rubles. The exchange rate difference from recalculating balances of funds in the said accounts for a period from January 1 to December 31, 2015 was 915.74 billion rubles.
As of January 1, 2016, the aggregate amount of the Reserve Fund was 3 640.57 billion rubles which is equivalent to 49.95 billion US dollars. The amounts of balances in separate accounts to record funds of the Reserve Fund were:
* 22.71 billion US dollars;
* 20.26 billion euros;
* 3.44 billion pounds sterlings.
The aggregate calculated income from placing funds of the Reserve Fund in foreign currency accounts of the Bank of Russia recalculated in dollars for a period from January 15 to December 31, 2015 was 0.11 billion US dollars, which is equivalent to 7.67 billion rubles. The exchange rate difference from recalculating balances of funds in the said accounts for a period from January 1 to December 31, 2015 was 915.74 billion rubles.
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