Cbank buys 20 bln rbl foreign currency for fin ministry on Wed - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Cbank buys 20 bln rbl foreign currency for fin ministry on Wed

MOSCOW, Jun 28 (PRIME) -- RussiaТs central bank bought 20 billion rubles worth of foreign currency with settlement on Wednesday on the domestic market for the Finance Ministry, according to the documents seen by PRIME on Thursday.

In February 2017, the ministry said it entered the currency market to minimize dependence of the ruble rate on oil prices. The ministry wanted to use additional oil and gas revenue of the budget and assured the influence on the ruble quotations would be minimal.

The ministry said earlier it will acquire 379.7 billion rubles of foreign currency on the domestic market from June 6 through July 5, spending 19 billion rubles a day.

The transactions will be made by the central bank. The central bank said that the real volume of operations may differ from the planned amount due to differences in exchange rates and to rounding up or down.

(63.1359 rubles Ц U.S. $1)

End

28.06.2018 10:50
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 74.9022 -0.6336 17 nov
USD 65.9931 -0.6228 17 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1134.93 +0.34 18:50 16 nov
micex 2372.67 -0.37 18:50 16 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 153.16 -0.64 18:49 16 nov
lkoh 4824.00 -0.62 18:49 16 nov
rosn 420.85 -0.80 18:49 16 nov
sber 199.26 -0.44 18:49 16 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 74.9025 -0.2975 14:59 16 nov
USDTD 65.7225 -0.8775 17:44 16 nov