Russia's finance ministry fully spent its reserve fund in 2017

Seeking Alpha

Published Jan 10, 2018 11:38AM ET

Russia's finance ministry fully spent its reserve fund in 2017

  • Russia's finance ministry announced has spent more than 1T Rubles ($17.53B) in late 2017 to cover the budget deficit in December.
  • The finance ministry plans to terminate the reserve fund, accumulated over years of high oil prices, from Feb. 1.
  • Source: Investing.com
  • ETFs: RSX, RUSL, RUSS, ERUS, RSXJ, CEE, TRF
  • Now read: 2018 Could Be Another Knockout Year For Emerging Europe

Original article

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