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 >
METALS-Copper edges higher on weaker dollar, lower stocks
METALS-Copper edges higher on weaker dollar, lower stocks
Sep 8, 2025
(Adds analyst comment and dateline, updates prices) By Polina Devitt LONDON, Sept 8 (Reuters) - Copper prices inched up on Monday, supported by a weaker dollar, outflows from the warehouses registered with the London Metal Exchange and hopes of a stronger import demand in China this month. Benchmark copper on the LME added 0.1% to $9,902.50 a metric ton at...
GLOBAL MARKETS-Fed rate cut optimism lifts stocks sentiment, eyes on French and Japanese politics
GLOBAL MARKETS-Fed rate cut optimism lifts stocks sentiment, eyes on French and Japanese politics
Sep 8, 2025
* Yen weakens, Nikkei rises 1.8% after Ishiba's resignation * Stocks rise as traders pencil in rate cut in September * French political quagmire adds to investor angst * US inflation data this week also in focus (Updates with early European trading) By Ankur Banerjee and Alun John SINGAPORE/LONDON, Sept 8 (Reuters) - Stocks rose and Treasury yields held lower...
EMERGING MARKETS-Indonesia stocks fall after finance minister ousted, Turkish assets continue slide
EMERGING MARKETS-Indonesia stocks fall after finance minister ousted, Turkish assets continue slide
Sep 8, 2025
* EM stocks up 0.7%, FX up 0.2% * Fitch revises Poland's outlook to 'negative' * Turkey's main opposition calls for rallies * World Bank cuts Vietnam's growth forecast By Pranav Kashyap and Twesha Dikshit Sept 8 (Reuters) - Indonesian stocks reversed early gains and the rupiah spiked after the country ousted Finance Minister Sri Mulyani Indrawati in a cabinet...
Japan's Topix hits record high, yen and bonds fall on PM Ishiba exit
Japan's Topix hits record high, yen and bonds fall on PM Ishiba exit
Sep 8, 2025
* PM hopeful Takaichi seen as positive for equities, negative for bonds * BOJ rate hike odds drop to 20% for October * Yields on 30-year JGBs rise to match record high (Updates prices, adds BOJ rate hike odds in paragraph 10) By Rocky Swift TOKYO, Sept 8 (Reuters) - Japan's Topix share gauge reached a record high, the yen...
Copyright 2023-2026 - www.financetom.com All Rights Reserved