FinMin: Russia not to revise USD investment due to S&Ps downgrade.

By bne IntelliNews August 8, 2011
Russia is not going to revise the structure of investment of its reserve funds in USD due to the rating actions of Standard & Poors, deputy FinMin Sergey Storchak announced. He commented that FinMin did not see a threatening difference between AAA and AA+. Currently the structure of the Reserve Fund and the National Welfare Fund is 45% USD, 45% EUR and 10% GBP.

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