Russia to allocate $800 mln for purchases of currency, gold from June 7 to July 4

Business & Economy June 05, 13:53

From May 8 to June 6, the Finance Ministry planned to allocate $1.2 bln for purchases of foreign currency and gold within the fiscal rule

MOSCOW, June 5. /TASS/. Russia’s Finance Ministry will allocate 71.1 bln rubles ($800 mln) for purchases of foreign currency and gold within the fiscal rule from June 7 to July 4, 2024, with daily purchases equaling 3.7 bln rubles ($41 mln), the ministry said in a statement.

"The amount of funds allocated for purchases of foreign currency and gold totals 71.1 bln rubles. Transactions will be carried out from June 7 to July 4, 2024, with daily purchases of foreign currency and gold equaling 3.7 bln rubles," the statement reads.

From May 8 to June 6, the Finance Ministry planned to allocate 110.94 bln rubles ($1.2 bln) for purchases of foreign currency and gold within the fiscal rule, with daily purchases equaling 5.55 bln rubles ($60 mln).

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