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 >
CANADA STOCKS-TSX posts biggest decline in six months as global trade tensions rise
CANADA STOCKS-TSX posts biggest decline in six months as global trade tensions rise
Oct 10, 2025
* TSX ends down 1.4% at 29,850.89 * Posts biggest decline since April * Technology drops 4.3%, with Shopify ( SHOP ) down 8% * Energy loses 3.3% as oil settles 4.2% lower (Updates at market close) By Fergal Smith TORONTO, Oct 10 (Reuters) - Canada's main stock index posted on Friday its biggest decline since April as increased trade...
Equities Slide After Trump's China Tariffs Threat; Nasdaq Posts Worst Day Since April
Equities Slide After Trump's China Tariffs Threat; Nasdaq Posts Worst Day Since April
Oct 10, 2025
05:37 PM EDT, 10/10/2025 (MT Newswires) -- US equities plummeted Friday after President Donald Trump threatened China with steep tariff increases, in a technology-led market retreat that saw the Nasdaq Composite post its worst one-day slump since April. The tech-heavy Nasdaq lost 3.6% to close at 22,204.4, while the S&P 500 shed 2.7% to 6,552.5. Both posted their biggest one-day...
Ether's 7% Plunge Leads Crypto Liquidations in $600M Carnage
Ether's 7% Plunge Leads Crypto Liquidations in $600M Carnage
Oct 10, 2025
Friday brought carnage onto crypto markets as U.S.-China trade tensions ratcheted up with Trump threatening a massive increase in tariffs against Chinese goods. Worst-hit among the crypto benchmark CoinDesk 20 Index constituents was Ethereum's native token ether (ETH), nosediving 7% from Friday's session high and hitting its weakest price since late September below $4,100. Its decline far outpaced bitcoin's (BTC)...
EMERGING MARKETS-LatAm assets extend fall on Trump's China tariff threats
EMERGING MARKETS-LatAm assets extend fall on Trump's China tariff threats
Oct 10, 2025
* Latin American stocks down 2.5%, currencies off 1.9% * Trump weighs tariff hikes on Chinese imports * Peruvian lawmakers oust president; head of Congress sworn in Producer prices in Brazil fall 0.2% in August * Mexico's industrial output falls 0.3% on monthly basis in August (Updates with afternoon prices) By Nikhil Sharma and Pranav Kashyap Oct 10 (Reuters) -...
Copyright 2023-2026 - www.financetom.com All Rights Reserved