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 >
Saudi shares jump by most in 5 years on report of easing of foreign ownership rules
Saudi shares jump by most in 5 years on report of easing of foreign ownership rules
Sep 24, 2025
DUBAI (Reuters) -Saudi Arabia's stocks posted their biggest daily rise since 2020 on Wednesday, following a report that the markets regulator may ease rules capping foreign ownership of listed companies.  The Saudi benchmark index surged more than 5% to its highest since May, after Bloomberg News reported that regulators may soon ease the 49% cap on foreign ownership of listed...
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%...
CANADA STOCKS-TSX opens higher in broad-based gains
CANADA STOCKS-TSX opens higher in broad-based gains
Sep 24, 2025
Sept 24 (Reuters) - Canada's benchmark stock index opened higher on Wednesday in broad-based gains, after coming under pressure in the previous session despite crossing the 30,000-mark to post a fresh intraday high. At 9:30 a.m. ET (1330 GMT), Toronto's S&P/TSX composite index rose 0.4% to 29,945.33 points. ...
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...
Copyright 2023-2026 - www.financetom.com All Rights Reserved