Russia to buy 518.2 bln rbl of foreign currency, gold Nov 9–Dec 6 - 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

Russia to buy 518.2 bln rbl of foreign currency, gold Nov 9–Dec 6

MOSCOW, Nov 3 (PRIME) -- Russia’s government plans to buy 518.2 billion rubles of foreign currency and gold from the open market under the budget rule from November 9 through December 6, spending 25.9 billion rubles a day, the Finance Ministry said in a statement on Wednesday.

Budget revenue from oil and gas sales is to stand at 409.9 billion rubles in November.

In January, the ministry returned to foreign currency purchases, suspended in March 2020 due to the coronavirus pandemic.

The amount of planned currency purchases in the period from October 7 until November 8 stands at 317.6 billion rubles, or 15.1 billion rubles per day.

(71.4783 rubles – U.S. $1)

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03.11.2021 12:24