MOSCOW, July 3. /TASS/. Russia’s Finance Ministry will allocate 123.8 bln rubles ($1.4 bln) for purchases of foreign currency and gold within the fiscal rule from July 5 to August 6, with daily purchases equaling 5.4 bln rubles ($61 mln), the ministry said in a statement.

"The amount of funds allocated for purchases of foreign currency and gold totals 123.8 bln rubles. Transactions will be carried out from July 5 to August 6, 2024, with daily purchases of foreign currency and gold equaling 5.4 bln rubles," the statement reads.

From June 7 to July 4 the Finance Ministry planned to allocate 71.1 bln rubles ($800 mln) for purchases of foreign currency and gold within the fiscal rule, with daily purchases equaling 3.7 bln rubles ($41 mln).