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 >
GLOBAL MARKETS-Stocks edge down as dollar rises, gold falls after Fed's Powell offers no new clues
GLOBAL MARKETS-Stocks edge down as dollar rises, gold falls after Fed's Powell offers no new clues
Sep 24, 2025
* Wall Street, MSCI index stay close to flat * Fed Chair Powell gives no new direction on rate cuts * European defence stocks jump after Trump's comments on Ukraine * US new home sales show upside surprise * (Updates prices after U.S. stock market open) By Sinéad Carew and Amanda Cooper NEW YORK/LONDON, Sept 24 (Reuters) - MSCI's global...
CANADA STOCKS-TSX edges higher as energy shares gain
CANADA STOCKS-TSX edges higher as energy shares gain
Sep 24, 2025
(Updates with mid-morning shares, analyst comments) By Twesha Dikshit Sept 24 (Reuters) - Canada's benchmark stock index rose on Wednesday, boosted by energy shares, after crossing the 30,000-point threshold for the second straight day. Toronto's commodity-heavy S&P/TSX composite index added 0.3% to 29,912.19 points by 10:20 a.m. ET (1420 GMT). The S&P/TSX smallcap index rose 1.1% after Reuters reported that...
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Wednesday Trading
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Wednesday Trading
Sep 24, 2025
10:27 AM EDT, 09/24/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking higher Wednesday morning, rising 1.1% to 2,727.63 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by media company Phoenix New Media ( FENG ) and computer hardware maker Canaan (CAN), which advanced 21% and 13%...
European Equities Traded in the US as American Depositary Receipts Little Changed in Wednesday Trading
European Equities Traded in the US as American Depositary Receipts Little Changed in Wednesday Trading
Sep 24, 2025
10:58 AM EDT, 09/24/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were little changed Wednesday morning, edging 0.11% higher to 1,557.25 on the S&P Europe Select ADR Index. From continental Europe, the gainers were led by petroleum refiner Equinor ( EQNR ) and software firm SAP (SAP), which rose 2.4% and 2.3%, respectively. They...
Copyright 2023-2026 - www.financetom.com All Rights Reserved