Russia to decrease daily forex sales in coming month : vimar
Russia to decrease daily forex sales in coming month
After a hiatus of several months, Russia resumed foreign currency interventions in January, selling yuan rather than what it terms "unfriendly" Western currencies, underscoring the growing importance of China's currency in Moscow's efforts to ensure economic stability amid Western sanctions. The finance ministry said its regular FX sales on the market would total 34.9 billion roubles over the coming month.
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