MOSCOW, August 31 (RIA Novosti) - Russia's Stabilization Fund, established to accrue surplus revenues from high world oil prices, stands at $64.7 billion as of September 1, 2006, the Finance Ministry said Thursday.
As of August 1, 2006, the fund totaled $67.6 billion in rubles, and 400 billion rubles ($14.96 billion) in foreign currency.
Russia fully repaid its debt to the Paris Club of Creditor Nations, worth $23.7 billion, August 18-21.
Earlier, it was reported that on July 24, in line with the Russian Budget Code and a government resolution, the Finance Ministry started placing the fund's money.
A total of 45% of the Stabilization Fund's money was placed in the Federal Treasury's accounts in Russia's Central Bank in U.S. dollars, 45% in euros and 10% in British pounds sterling.
