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 set for weekly decline as investors assess key jobs data
CANADA STOCKS-TSX set for weekly decline as investors assess key jobs data
Oct 10, 2025
(Updates with morning prices) By Ragini Mathur Oct 10 (Reuters) - Canada's main stock index struggled to find direction on Friday, poised for modest weekly losses, while investors reduced their rate cut expectations following a surprisingly strong employment report. At 10:15 a.m. ET (1415 GMT), Toronto's S&P/TSX composite index was down 0.1% at 30,239.26 points, on track to close the...
CANADA STOCKS-TSX opens flat after strong jobs data
CANADA STOCKS-TSX opens flat after strong jobs data
Oct 10, 2025
Oct 10 (Reuters) - Canada's main stock index opened flat on Friday after a surprise jump in employment figures led investors to scale back expectations for an October interest rate cut from the Bank of Canada. At 9:31 a.m. ET (1331 GMT), Toronto's S&P/TSX composite index was up 0.01% at 30,266.51 points. ...
GLOBAL MARKETS-Yen climbs as Japan coalition cracks, gold shines bright
GLOBAL MARKETS-Yen climbs as Japan coalition cracks, gold shines bright
Oct 10, 2025
(Updates ahead of Wall Street open, adds detail and quotes on Argentina market support) * Yen rallies, Japanese stocks drop as coalition breaks up * Red hot rally in world stocks has paused this week * Gold hovers s $4,000 an ounce, silver above $50 * China expands restrictions on sales of rare earths By Marc Jones LONDON, Oct 10...
FOREX-Yen, euro head for worst weekly loss in a year
FOREX-Yen, euro head for worst weekly loss in a year
Oct 10, 2025
(Updated in New York morning time) * Yen hurt by BOJ rate hike uncertainty, political changes * Euro declines amid French political turmoil, economic concerns * Dollar index rises, traders eye US Fed rate cut expectations By Karen Brettell and Amanda Cooper NEW YORK, Oct 10 (Reuters) - The yen stabilised on Friday but was headed for its steepest weekly...
Copyright 2023-2026 - www.financetom.com All Rights Reserved