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 >
Oil prices edge higher as investors assess Iran-Israel ceasefire
Oil prices edge higher as investors assess Iran-Israel ceasefire
Jun 24, 2025
(Reuters) -Oil prices edged higher on Wednesday, finding some respite after plummeting in the last two sessions, as investors assessed the stability of a ceasefire between Iran and Israel. Brent crude futures rose 75 cents, or 1.1%, to $67.89 a barrel. U.S. West Texas Intermediate (WTI) crude gained 71 cents, or 1.1%, to $65.08. Brent settled on Tuesday at its...
GRAINS-Chicago soy rises on oil rebound; wheat, corn fall on ample supply outlook
GRAINS-Chicago soy rises on oil rebound; wheat, corn fall on ample supply outlook
Jun 24, 2025
BEIJING, June 25 (Reuters) - Chicago soybean and soyoil futures edged higher on Wednesday, supported by a rebound in oil prices as investors monitored the fragile ceasefire between Iran and Israel. Corn and wheat fell due to growing global crop prospects and favourable weather conditions. FUNDAMENTALS * The most-active soybean contract rose 0.22% to $10.39-2/8 per bushel as of 0105...
PRECIOUS-Gold prices flat as fragile Iran-Israel ceasefire tempers safe-haven demand
PRECIOUS-Gold prices flat as fragile Iran-Israel ceasefire tempers safe-haven demand
Jun 24, 2025
June 25 (Reuters) - Gold prices held their ground on Wednesday as a tentative ceasefire between Iran and Israel dampened safe-haven demand, though a weaker dollar and bargain-hunting after bullion's decline in the previous session helped limit losses. FUNDAMENTALS * Spot gold was unchanged at $3,326.39 per ounce, as of 0042 GMT, after hitting an over two-week low on Tuesday....
Oil prices edge higher as investors assess Iran-Israel ceasefire
Oil prices edge higher as investors assess Iran-Israel ceasefire
Jun 24, 2025
* US strikes failed to destroy Iran's nuclear sites, report says * Prices settled at multi-week lows in previous session * Coming up: US EIA data on inventory stockpiles By Stephanie Kelly June 25 (Reuters) - Oil prices edged higher on Wednesday, finding some respite after plummeting in the last two sessions, as investors assessed the stability of a ceasefire...
Copyright 2023-2026 - www.financetom.com All Rights Reserved