Abu dhabi: Russia's National Wealth Fund (NWF) totaled 12.72 trillion rubles ($159.3 billion) as of August 1, 2026, or 5.4% of GDP projected for this year, according to files released on the Russian Finance Ministry's website, Russian News Agency TASS reported.
According to Emirates News Agency, as of August 1, the amount of liquid assets of the NWF amounted to 3.69 trillion rubles (1.6% of GDP projected for 2026), equivalent to $46.2 billion. This represents an increase from July 1, when the amount of liquid assets was 3.61 trillion rubles.
"In July 2026, the National Wealth Fund's assets totaling 1,632.2 million rubles were converted into 158.9 kg of unallocated gold, while assets totaling 529.7 million rubles were converted into 47.1 million Chinese yuan," according to the ministry.
The estimated revenues from depositing NWF resources on accounts in foreign currency with the Bank of Russia, recalculated to US dollars from December 15, 2025, to July 31, 2026, totaled $62.2 million, equivalent to 4.97 billion rubles.
The exchange rate difference on the Fund's assets nominated in foreign currency and revaluation of the cost of gold, in which the NWF's resources have been invested, amounted to 67.2 billion rubles from January 1 to July 31, 2026.
A total of 189.7 billion Chinese yuan and 141.2 tonnes of gold were on accounts of the National Wealth Fund with the Bank of Russia as of August 1.