Russia’s National Welfare Fund doubles asset value in July to $124bn

12.08.2019

Russia’s National Welfare Fund (NWF) doubled in July, increasing by 4.105 trillion rubles, to 7.868 trillion rubles, and in dollars terms by $64.479 billion, to $124.137 billion, the Ministry of Finance said earlier this month, according to bne Intellinews.

The sudden rise was caused by the Ministry of Finance adding cash...