Russia’s Oil Reserve Fund Received Cash Injection
Posted on 02/02/2012
Russia’s oil reserve fund increased to 1,863 billion rubles (US$ 61.36 billion) from 811.5 billion rubles in January. The oil reserve fund received a one-time cash injection since the Russian Government ran a fiscal surplus in 2011. The reserve fund has grown large in its early times and shrunk during the financial crisis. Russia has […]
