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 hammered on dashed hopes of imminent Fed rate cut
GLOBAL MARKETS-Stocks hammered on dashed hopes of imminent Fed rate cut
Nov 14, 2025
* World stocks deep in the red, US stock futures lower * Investors see Fed rate cut next month as a toss-up * Fed officials take hawkish view * UK markets whipped around by budget talk By Dhara Ranasinghe and Iain Withers LONDON, Nov 14 (Reuters) - World stock markets took a beating on Friday as a hawkish tone from...
British government bonds, stocks and sterling slide as budget rumours swirl
British government bonds, stocks and sterling slide as budget rumours swirl
Nov 14, 2025
LONDON, Nov 14 (Reuters) - British government bond prices fell sharply on Friday, stocks, particularly banks tumbled, and sterling hit its lowest level on the euro in over two years, following new reports that the UK budget later this month will not see expected income tax rises. Britain's 10 year government bond yield rose 10 basis points to 4.54%, set...
FOREX-Dollar poised for weekly loss as markets sail into data fog
FOREX-Dollar poised for weekly loss as markets sail into data fog
Nov 13, 2025
* Dollar falls as investors fret about weakening U.S. economy * Markets split on Fed cut in December * Sterling slips after FT report Starmer and Reeves ditching plans to raise income tax rates (Updates to Asia afternoon) By Rae Wee and Tom Westbrook SINGAPORE, Nov 14 (Reuters) - The dollar headed for a weekly fall on Friday as investors...
GRAPHIC-Take Five: Clearing the backlog
GRAPHIC-Take Five: Clearing the backlog
Nov 14, 2025
Nov 14, (Reuters) - The task of clearing the huge backlog of shutdown-delayed U.S. data begins, the world's most valuable company Nvidia ( NVDA ) publishes its results and new inflation numbers will keep Europe's central banks on their toes. Over in Asia, new Japanese Prime Minister Sanae Takaichi's fiscal policy is taking shape, and Chile holds an election in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved