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 >
Amazon cloud computing results fail to impress, shares drop after hours
Amazon cloud computing results fail to impress, shares drop after hours
Jul 31, 2025
* Shares drop more than 3% after hours * Cloud computing results lag big gains from Alphabet, Microsoft ( MSFT ) * Cloud unit margins narrow to 32.9% from 35.5% a year earlier (Adds analyst comment in paragraph 5) By Deborah Mary Sophia and Greg Bensinger July 31 (Reuters) - Amazon.com ( AMZN ) forecast third-quarter sales above market estimates...
Oil prices fall as Trump's Aug 1 trade tariff deadline looms
Oil prices fall as Trump's Aug 1 trade tariff deadline looms
Jul 31, 2025
* Trump's August 1 tariff deadline looms * Trump says Mexico trade deal extended for 90 days * Market awaiting more clarity after Trump tariff threats * Higher US crude stocks were unexpected * Decline in gasoline stocks reflects driving season demand (Updates with settlement prices) By Georgina McCartney HOUSTON, July 31 (Reuters) - Oil prices declined on Thursday as...
Amazon cloud computing results fail to impress, shares drop after hours
Amazon cloud computing results fail to impress, shares drop after hours
Jul 31, 2025
(Reuters) -Amazon.com forecast third-quarter sales above market estimates on Thursday but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat expectations. Shares fell by more than 2% in after-market trading after finishing regular trading up 1.7% to $234.11. Both Google-parent Alphabet and Microsoft ( MSFT ) posted big cloud computing...
GLOBAL MARKETS-Dollar rises while global stock index falls; inflation and tariffs in focus 
GLOBAL MARKETS-Dollar rises while global stock index falls; inflation and tariffs in focus 
Jul 31, 2025
(Updates prices to late afternoon after oil settlement) * US stock index trading is choppy even with Meta, Microsoft ( MSFT ) boost * Dollar rises against yen as BOJ holds rates steady, ups inflation forecast * Mexico's peso gains on tariff news, investors await August 1 tariff deadline By Sinéad Carew and Alun John NEW YORK/ LONDON, July 31...
Copyright 2023-2026 - www.financetom.com All Rights Reserved