OREANDA-NEWS. According to the decree signed by the Russian Prime Minister Mikhail Mishustin, the money of the National Wealth Fund (NWF) can be invested in yuan and Chinese government bonds. It is clarified that China’s bond issue should be at least 1 billion yuan.

It is known that the Ministry of Finance suggested adding China to the list. Its representatives believe that adding the yuan to the Fund’s currency structure “is potentially capable of exerting a stabilizing effect on it and positively affect the income from managing the funds.” As of June 30 of last year, the share of the yuan in Russia’s international reserves was 13.2 %.

At the moment, the NWF currency basket consists of US dollars, euros and pounds sterling. It is also allowed to invest its funds in Japanese yen, Australian dollars, Canadian dollars, and Swiss francs.