Russia's net daily yuan sales to ease in November
Adds detail from paragraph four onwards
Nov 5 (Reuters) -Russia's finance ministry said on Tuesday it would increase its purchases of foreign currency and gold in the month ahead, a move that will decrease the state's overall forex sales and remove some support for the rouble.
The finance ministry said its purchases of foreign currencies and gold for the period from Nov. 7 to Dec. 5 would amount to the equivalent of 87.5 billion roubles ($891.5 million), or 4.2 billion roubles a day.
In the previous period, between Oct. 7 and Nov. 6, the ministry had planned to buy foreign currency worth 71.8 billion roubles, or 3.1 billion roubles a day.
The ministry's FX interventions are carried out by the central bank, which is also conducting its own interventions: sales of yuan at the equivalent of 8.4 billion roubles a day. Net daily sales of yuan, therefore, will amount to the equivalent of 4.2 billion roubles a day in the November period.
Russia sells foreign currency from its rainy day National Wealth Fund under its budget rule to make up for any shortfall in revenue from oil and gas exports or makes purchases in the event of a surplus.
The central bank halted interventions in 2022 as Russia's currency markets gyrated following Moscow's invasion of Ukraine.
It resumed interventions with yuan in 2023, but halted them again in August 2023 to avoid aggravating pressure on the rouble, which was tumbling past 100 to the dollar.
Planned interventions in 2023 were deferred to 2024.
($1 = 98.1500 roubles)
Reporting by Darya Korsunskaya and Alexander Marrow; Editing by Kevin Liffey and Bernadette Baum
Aloqador aktivlar
Eng oxirgi yangiliklar
Javobgarlikdan voz kechish: XM Group korxonalari har biri faqat ijro xizmatlarini koʻrsatadi va onlayn savdo platformamizdan foydalanish huquqini beradi, bu odamga veb-saytda yoki veb-sayt orqali mavjud boʻlgan kontentni koʻrish va/yoki undan foydalanishga ruxsat beradi hamda uni oʻzgartirishga moʻljallanmagan va uni oʻzgartirmaydi yoki kengaytirmaydi. Bunday kirish va foydalanish huquqi doimo quyidagilarga boʻysunadi: (i) Shartlar va qoidalar; (ii) Risklar haqida ogohlantirish; va (iii) Javobgarlikni toʻliq rad etish. Shuning uchun bunday kontent umumiy maʼlumot sifatida taqdim etiladi. Xususan, shuni esda tutingki, bizning onlayn savdo platformamiz mazmuni moliyaviy bozorlarda biror bitimni amalga oshirishga oid maslahat yoki taklif emas. Har qanday moliyaviy bozorda savdo qilish sizning kapitalingiz uchun jiddiy risk darajasini oʻz ichiga oladi.
Onlayn savdo platformamizda chop etilgan barcha materiallar faqat taʼlim/axborot maqsadlari uchun moʻljallangan va unda moliyaviy, investitsiya soligʻi yoki savdo maslahatlari va tavsiyalar; yoki bizning savdo narxlarimizning qaydlari; yoki har qanday moliyaviy vositalar bilan bitim tuzish maslahati yoki taklifi; yoki sizga kerak boʻlmagan moliyaviy reklama aksiyalari hisoblanmaydi
Har qanday uchinchi tomon kontenti, shuningdek XM tomonidan tayyorlangan kontent, masalan: fikrlar, yangiliklar, tadqiqotlar, tahlillar, narxlar va boshqa maʼlumotlar yoki bu veb-saytda joylashgan uchinchi tomon saytlariga havolalar umumiy bozor sharhi sifatida "boricha" taqdim etiladi va investitsiya maslahatini tashkil etmaydi. Har qanday kontent investitsiya tadqiqoti sifatida talqin qilinsa, siz bunday kontentni investitsiya tadqiqotlarining mustaqilligini ragʻbatlantirish uchun moʻljallangan qonun talablariga muvofiq moʻljallanmagan va tayyorlanmaganligini eʼtiborga olishingiz va qabul qilishingiz kerak, shuning uchun unga tegishli qonunlar va qoidalarga muvofiq marketing kommunikatsiyasi sifatida qaraladi. Mustaqil boʻlmagan investitsiya tadqiqoti va yuqoridagi maʼlumotlarga oid risk haqida ogohlantirishimizni oʻqib chiqqaningizga va tushunganingizga ishonch hosil qiling, unga bu yerdan kirish mumkin.
