Bank of Russia sells foreign currency worth $25.26 mln with settlements on May 12

Business & Economy May 15, 2023, 13:11

Purchase and sale transactions of foreign currency will be carried out by the Bank of Russia on the domestic market in the currency section of the Moscow Exchange in the "Chinese yuan-ruble" instrument

MOSCOW, May 15. /TASS/. The Bank of Russia sold foreign currency in the amount of 2 bln rubles ($25.26 mln) on the domestic market with settlements on May 12, according to data published on the regulator's website on Monday.

The amount of currency sales on the domestic market also amounted to 2 bln rubles with settlements on May 1.

The Russian Ministry of Finance resumed foreign exchange sales operations on the domestic currency market on January 13 as part of the new fiscal rule mechanism. The total amount of funds allocated for selling foreign currency from May 10 to June 6 will amount to 54.5 bln rubles ($510.4 mln), with the daily amount reaching 2 bln rubles, the ministry said.

Purchase and sale transactions of foreign currency will be carried out by the Bank of Russia on the domestic market in the currency section of the Moscow Exchange in the "Chinese yuan-ruble" instrument.

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