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Russia's Reserve Fund shrinks most in over four years as budget gap widens

Value of fund falls US$8b in February to US$77.1b, lowest since Dec 2010


RUSSIA's Reserve Fund, one of the country's two sovereign wealth funds, dropped last month the most in more than four years as the government unsealed it to cover a widening budget deficit.

The value of the fund fell US$8 billion in February to US$77.1 billion, the lowest