URGENT: Russia's reserve fund down 11.9% to $100.95 bln in May

MOSCOW, June 1 (RIA Novosti) - Russia's Reserve Fund dropped by 11.9% to 3.127 trillion rubles ($100.95 billion), and the National Prosperity Fund also declined 3% to 2.784 trillion rubles ($89.86 billion) in May, the Finance Ministry said on Monday.

As of May 1, the Reserve Fund stood at 3.551 trillion rubles ($114.62 billion) and the National Prosperity Fund amounted to 2.869 trillion rubles ($92.61 billion).