Finance Ministry posts data on Russia's financial reserve

Russia's financial reserve totaled more than 90bn rubles (about $2.83bn) as of October 1, 2002, Deputy Finance Minister Tatyana Golikova told an RBC correspondent. According to earlier estimates, the country's financial reserve was expected to hit 197.4bn rubles (about $6.2bn) by the end of 2002, however, it is becoming clear now that the real figure will be a little lower.

Russia's financial reserve was 49.1bn rubles (about $1.54bn) as of July 2002.