MOSCOW. Oct 1 (Interfax) - Russia's Reserve Fund came to 2.298 trillion rubles ($76.37 billion) on October 1, 2009 against 2.7068 trillion rubles ($85.74 billion) on September 1, the Finance Ministry said in a press release.
Russia's National Welfare Fund came to 2.76436 trillion rubles ($91.86 billion) on October, compared to 2.863 trillion rubles ($90.69 billion) on September 1.
In September, a total of 300 billion rubles from the Reserve Fund were transferred to the Federal Budget accounts. For this, a portion of the Reserve Fund ($4.47 billion, 3.03 billion euro and 0.61 billion pounds) was sold for rubles.
Therefore, since the start of 209, a total of 2.02359 trillion rubles from the Reserve Fund has been used to finance the balancing of the Federal Budget.
In September, 309.24 billion rubles in oil and gas revenues went to the Federal Budget for August. These funds were used to secure oil and gas transfer in full measure. The Reserve Fund was not used to secure oil and gas transfer.
Remaining funds in separate accounts of the Reserve Fund came to $32.89 billion, 23.07 billion euro and 5.15 billion pounds on October 1.
Russia's reserve position in the IMF, formed from Reserve Fund resources, came to 991.94 million SDR on October 1.
Total revenue from the placement of Reserve Fund resources in U.S. dollar for the period January 15 to September 30, 2009 came to $1.46 billion, which is the equivalent of 43.98 billion rubles. Total interest revenue from the placement of the funds in separate forex accounts came to $0.24 billion (7.27 billion rubles), 0.68 billion euro (29.88 billion rubles) and 0.14 billion pounds (6.82 billion rubles).
The exchange rate difference from a reappraisal of funds in the Reserve Fund's forex accounts between January 15 and September 30, 2009 came to positive 78.41 billion rubles.
As of October 1, 2009, the National Welfare Fund had placed 452.36 billion rubles in deposits at Vnesheconombank (VEB), including 267.36 billion rubles to accounts with return no later than December 31, 2019 at 8% (including 0.81 billion rubles in September), 175 rubles to a deposit until October 21, 2013 at 7%, as well as 10 billion rubles placed in September 2009 until December 25, 2017 at 8.5%.
On October 1, remaining Forex funds came to $34.21 billion, 24.35 billion euro and 4.43 billion pounds.
Total revenue from the National Welfare Fund's placements in U.S. dollar between January 15 and September 30 came to $1.03 billion (31.13 billion rubles).
Total interest revenue from separate forex accounts came to $0.21 billion (6.33 billion rubles), 0.46 billion euro (20.46 billion rubles) and 0.09 billion pounds (4.34 billion rubles).
The exchange rate difference from a reassessment of funds in Forex with the National Welfare Fund between January 15 and September 30 came to positive 2 billion rubles.