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Russia to allocate $1.9 bln for purchases of currency, gold from September 6 to October 4

Daily volume of purchase of foreign currency and gold will equal 8.2 bln rubles

MOSCOW, September 4. /TASS/. Russia’s Finance Ministry will allocate 172.9 bln rubles ($1.9 bln) for purchases of foreign currency and gold within the fiscal rule from September 6 to October 4, with daily purchases equaling 8.2 bln rubles ($92 mln), the ministry said in a statement.

"The amount of funds allocated for purchases of foreign currency and gold totals 172.9 bln rubles. Transactions will be carried out from September 6 to October 4, 2024, respectively, daily volume of purchase of foreign currency and gold will equal 8.2 bln rubles," the statement reads.

From August 7 to September 5 the Finance Ministry planned to allocate 24.65 bln rubles for purchases of foreign currency and gold within the fiscal rule, with daily purchases equaling 1.12 bln rubles.