After almost two years in recession, the country's rainy day fund has shrunk to just $32.2 billion this month, according to the Russian Finance Ministry. It was $91.7 billion in September 2014, just before oil prices started to collapse. And it's getting worse. Analysts expect the fund will shrink to just $15 billion by the end of this year and dry up completely soon after that.
Read more: http://money.cnn.com/2016/09/16/news/economy/russia-cash-reserves-depleted/index.html?source=Snapzu
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