Russia’s NWF reaches $141.5b by June 1

Russia’s National Wealth Fund (NWF) assets reached $141.5 billion as of June 1, representing 7.1 per cent of GDP, up from $138.9 billion on May 1, the finance ministry reported on Wednesday.

The fund’s liquid assets totaled $56.2 billion, or 2.8 per cent of projected GDP, slightly down from $56.4 billion a month earlier.