Business & Finance
Russia converted forex from 'rainy day' fund into 1.494trn roubles to buy Sberbank stake
MOSCOW: Russian finance ministry said on Friday it had converted $8.679 billion, 7.926 billion euros and 1.6 billion
MOSCOW: Russian finance ministry said on Friday it had converted $8.679 billion, 7.926 billion euros and 1.6 billion pounds from the National Sovereign Fund into 1.494 trillion roubles to buy a central bank's stake in Sberbank.
It also said the fund reached 12.855 trillion roubles as of April 1.
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