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 >
Exchange-Traded Funds Higher, Equity Futures Lower Pre-Bell Tuesday Ahead of Delayed Data Releases
Exchange-Traded Funds Higher, Equity Futures Lower Pre-Bell Tuesday Ahead of Delayed Data Releases
Nov 25, 2025
08:29 AM EST, 11/25/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.03% higher in Tuesday's premarket activity, ahead of key economic data releases that were delayed during the government shutdown. US stock futures were lower, with S&P 500 Index...
European Equities Traded in the US as American Depositary Receipts Turn Sharply Higher in Tuesday Trading
European Equities Traded in the US as American Depositary Receipts Turn Sharply Higher in Tuesday Trading
Nov 25, 2025
11:08 AM EST, 11/25/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were sharply higher late Tuesday morning, advancing 1.15% to 1,587.20 on the S&P Europe Select ADR Index. From continental Europe, the gainers were led by medical device maker EDAP TMS ( EDAP ) and lender Banco Santander (SAN), which rose 6% and 3.2%,...
Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading
Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading
Nov 25, 2025
11:04 AM EST, 11/25/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 0.72% to 2,621.09 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by fintech firm Qfin ( QFIN ) and mobile app developer Cheetah Mobile ( CMCM ) , which climbed 9.2%...
Cronos Launching Lord Jones Live Resin Fusions in Canada
Cronos Launching Lord Jones Live Resin Fusions in Canada
Nov 25, 2025
07:47 AM EST, 11/25/2025 (MT Newswires) -- Cronos ( CRON ) , a global cannabinoid company, announced Tuesday it is expanding the portfolio for its Lord Jones brand with new innovations designed to enhance its lineup of cannabis products in the Canadian market. With that, the company is launching new Live Resin Fusions pre-rolls. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved