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19

High Oil Prices Help Russian Economy's Growth

Russia last month added $4.7 billion to its fund

Russia last month added $4.7 billion to its fund set up to store windfall revenue from oil sales amid high international crude prices, Cbonds.info reported.

The stabilization fund rose to 1.1 trillion rubles ($38.3 billion) as of Nov. 1, the Finance Ministry's press service said Thursday.