| July 2009 |
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Russia's Reserve Fund declined 5.5% to 2.957 trillion rubles ($94.52 billion) while the National Prosperity Fund grew 1% to 2.814 trillion rubles ($89.93 billion) in June, the Finance Ministry said on Wednesday.
The official dollar rate set by the Russian Central Bank for July 2 is 31.1904 rubles, up 15.19 kopeks from Wednesday, the Central Bank said
Global automakers General Motors and Ford on Wednesday suspended production at their car plants in Russia over weak demand for vehicles, the companies said.
PGNiG expects to increase Russian natural gas imports by 2-3 billion cubic meters to 10-11 bcm annually from 2010, a senior official at the Polish energy company said on Wednesday.
The average price of Russian oil in the first six months of 2009 was less than half what it was for the same period a year ago, a senior Finance Ministry official said on Wednesday.
A Ford factory near Russia's second city of St. Petersburg said on Wednesday it was halting production for six business days until July 9.



