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Russia to allocate $2.5 bln for purchases of currency, gold from April 5 to May 7

From March 7 to April 4, 2024, the Finance Ministry planned to allocate $1 bln for purchases of foreign currency and gold within the fiscal rule

MOSCOW, April 3. /TASS/. Russia’s Finance Ministry will allocate 235.3 bln rubles ($2.5 bln) for purchases of foreign currency and gold within the fiscal rule from April 5 to May 7, 2024, with daily purchases equaling 11.2 bln rubles ($121 mln), the ministry said in a statement.

"The amount of funds allocated for purchases of foreign currency and gold totals 235.3 bln rubles. Transactions will be carried out from April 5 to May 7, with daily purchases of foreign currency and gold equaling 11.2 bln rubles," the statement reads.

From March 7 to April 4, 2024, the Finance Ministry planned to allocate 93.7 bln rubles ($1 bln) for purchases of foreign currency and gold within the fiscal rule. Daily transactions equaled 4.7 bln rubles ($51 mln).

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