financetom
World
financetom
/
World
/
Russia's net forex sales rise to equivalent of 4.76 bln roubles per day
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Russia's net forex sales rise to equivalent of 4.76 bln roubles per day
Jan 13, 2025 1:35 AM

MOSCOW, Jan 13 (Reuters) - Russia's finance ministry

said on Monday it would decrease its purchases of foreign

currency and gold in the month ahead, a move that will increase

the state's overall forex sales, providing support for the

rouble.

The finance ministry said its purchases of foreign

currencies and gold for the period from Jan. 15 to Feb. 6 would

amount to the equivalent of 70.2 billion roubles, or 4.1 billion

roubles a day.

The move implies that the overall net forex sales by the

government and the central bank will rise to 4.76 billion

roubles per day from 3.41 billion roubles, a daily amount that

was in effect from Jan. 9, 2025.

In the previous period the ministry had planned to buy

foreign currency worth 114.4 billion roubles, or 5.4 billion

roubles a day.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GLOBAL MARKETS-Stocks get a boost from tech dip-buying; bonds flag
GLOBAL MARKETS-Stocks get a boost from tech dip-buying; bonds flag
Jun 9, 2026
* Tech stocks rebound on dip buying, led by ASML, Infineon, Nvidia ( NVDA ) * Rising bond yields and sticky inflation prompt caution among investors, BofA analysts note * Oil prices fall as Israel and Iran agree to halt attacks, Brent drops 1.75% (Updates throughout) By Amanda Cooper LONDON, June 9 (Reuters) - Global stocks rallied on Tuesday as...
London's FTSE 100 weighed by GSK shares after Nuvalent takeover
London's FTSE 100 weighed by GSK shares after Nuvalent takeover
Jun 9, 2026
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) June 9 (Reuters) - UK's blue-chip FTSE 100 slipped on Tuesday, weighed by shares of GSK after the healthcare company announced plans to acquire shares of U.S.-based drug developer Nuvalent for $10.6 billion as it seeks to boost its lung...
METALS-Copper edges up as tight LME stocks counter lower China imports, Mideast tensions
METALS-Copper edges up as tight LME stocks counter lower China imports, Mideast tensions
Jun 9, 2026
(Adds analyst comment, updates prices at 0700 GMT) SINGAPORE, June 9 (Reuters) - Copper prices nudged up on Tuesday, as dwindling London Metal Exchange inventories helped it shrug off pressure from concerns about Middle East tensions, inflation, and lower China imports. Benchmark three-month copper on the London Metal Exchange was up 0.48% to $13,681.5 a metric ton by 0702 GMT....
Japan's Nikkei ends higher as chip-related heavyweights jump
Japan's Nikkei ends higher as chip-related heavyweights jump
Jun 9, 2026
(Updates with closing prices) By Junko Fujita TOKYO, June 9 (Reuters) - Japan's Nikkei share average ended higher on Tuesday, as chip-related heavyweights recovered from heavy losses in the previous session. The Nikkei closed up 2.17% at 65,416.63. The index fell 3.85% on Monday, its largest one-day loss in three months. The Nikkei was choppy earlier in the session, inching...
Copyright 2023-2026 - www.financetom.com All Rights Reserved