Bank of Russia sells yuan worth $108 mln with settlements on November 5

Business & Economy November 06, 11:56

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

MOSCOW, November 6. /TASS/. The Bank of Russia sold yuan on the domestic market with settlements on November 5, 2024, in the amount of 10.6 bln rubles ($108 mln), according to data published on the regulator’s website.

No forex sale transactions with settlements on November 2 were carried out on the domestic market.

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 conducted from October 7 to November 6, 2024.

The daily volume of transactions in 2024 is 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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