Bank of Russia sells yuan worth $54.5 mln with settlements on October 10

Business & Economy October 11, 16:31

Sales of currency on the domestic market with settlements on October 9 also amounted to 5.3 bln rubles

MOSCOW, October 11. /TASS/. The Bank of Russia sold yuan on the domestic market with settlements on October 10, 2024, in the amount of for 5.3 billion rubles ($54.5 mln), according to data on the regulator's website.

Sales of currency on the domestic market with settlements on October 9 also amounted to 5.3 bln rubles.

The Bank of Russia carries out purchase and sale operations on the domestic market in the currency section of the Moscow Exchange in the yuan-ruble instrument. They are held from September 6, 2024 to October 4, 2024.

The daily volume of transactions in 2024 will be determined based on the volumes of purchases or sales of foreign currency announced by the Russian Ministry of Finance on the third working day of each month within the framework of regular transactions in accordance with the budget rule, adjusted for the balanced value of a number of transactions.

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