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 >
EMERGING MARKETS-EM stocks inch up, FX muted ahead of Fed decision; Iran progress stalls
EMERGING MARKETS-EM stocks inch up, FX muted ahead of Fed decision; Iran progress stalls
Apr 29, 2026
* MSCI EM FX off 0.1%, stocks up 0.3% * US plans to extend blockade of Iran, oil extends rally * Poland says fuel price caps could be extended * Analysts: Strait of Hormuz reopening key for UAE oil to move markets By Purvi Agarwal April 29 (Reuters) - Most emerging market stocks inched higher on Wednesday while currencies were...
METALS-Shanghai nickel hits three-month high on mounting supply worries
METALS-Shanghai nickel hits three-month high on mounting supply worries
Apr 29, 2026
(Updates prices as of Asian market close) BEIJING, April 29 (Reuters) - Shanghai nickel extended gains on Wednesday to hit a three-month high, as a Chinese nickel producer slashing output at its Indonesian unit intensified worries about the supply loss of the metal used in stainless steel and electric vehicle batteries. The most-traded nickel contract on the Shanghai Futures Exchange...
Euro zone yields around multi-week highs as inflation worries persist
Euro zone yields around multi-week highs as inflation worries persist
Apr 29, 2026
LONDON, April 29 (Reuters) - Euro zone bond yields traded around multi-week highs on Wednesday as efforts to end the Iran war appeared to be in a stalemate and oil prices nudged higher again, prompting persistent inflation worries. German 10-year bond yields, the benchmark for the euro zone, were last 1.6 basis points higher at 3.0775%. They hit a two-week...
EMERGING MARKETS-Thai stocks extend gains after central bank holds interest rate; Asian currencies fall
EMERGING MARKETS-Thai stocks extend gains after central bank holds interest rate; Asian currencies fall
Apr 29, 2026
* BOT holds at 1.00%, as expected * Thai stocks extend gains, baht weakens slightly * Peso, rupiah trade near record lows * (Updates with afternoon trade) By Nichiket Sunil April 29 (Reuters) - Thai stocks extended gains on Wednesday after the central bank kept the key interest rate unchanged as expected, while the Indonesian rupiah and the Philippine peso...
Copyright 2023-2026 - www.financetom.com All Rights Reserved