Date: 5 months ago   Category: Finance

The Central Bank estimated the impact of renewal of purchases of currency for the Ministry of Finance on ruble exchange rate — Rambler News Service


Renewal of purchases of currency for the Ministry of Finance had no significant effect on dynamics of ruble exchange rate, is reported in the information and analytical material "Liquidity of the Banking Sector and Financial Markets" prepared by the Central Bank. "Renewal of purchases of currency within the budgetary rule had no significant effect on the cost of currency loans in a "currency swap" segment in January, on dynamics of ruble exchange rate", - it is said in the statement. At the same time, according to the Central Bank, increase in internal currency obligations in the largest banks due to inflow of client deposits and also growth of placements of currency in the money market in a "currency swap" segment by the banks serving exporters continued to be observed. Earlier in January the head of the Bank of Russia Elvira Nabiullina told journalists that the Central Bank does not see risks for ruble in connection with renewal of the postponed purchases of currency for the Ministry of Finance within the budgetary rule. On January 25 the Central Bank reported that since February 1 it will resume the postponed purchases of foreign currency in domestic market within the budgetary rule, purchases will be evenly carried out within 36 months. It was noted that, according to plans, these operations will increase the daily volume of purchase of foreign currency in domestic market within the budgetary rule by 2.8 billion rubles. The Central Bank resumed purchases of currency for the Ministry of Finance on January 15, earlier in August, 2018 the Bank of Russia reported that until the end of September it will not buy foreign currency in domestic market for the Ministry of Finance for decrease in volatility of the financial markets, later it prolonged suspension of purchase of currency until the end of 2018. In December the Central Bank reported that it will resume regular purchases of foreign currency in domestic market since January 15, 2019. The regulator explained that such decision was made taking into account stabilization of a situation in the domestic financial market.

URL:

Photo: globallookpress.com/Demian Stringer Total wage arrears in Russia (without subjects of small business) following the results of June, 2019 decreased by 378.8 million rubles or for 12.8%. Total amount of a debt, thus, was 2.56 billion rubles, Rosstat reported. "For July 1, 2019, according to the data submitted by the organizations (which are n...


Photo: globallookpress.com/Federation Council of Russia in the main VAT rate from 18% to 20% gave Increase in Russia to the budget of the country of 650 billion rubles, the first Deputy Prime Minister, the Minister of Finance of the Russian Federation Anton Siluanov said in an interview to Moskovskij Komsomolets. "Increase in the VAT gave to the bu...


Participants of the loyalty program of "Thanks from Sberbank" will be able to exchange till June 30, 2020 the saved-up bonuses for voices on social network "VKontakte", reported in the press service of credit institution. It is noted that it will be possible to exchange only more than 10 bonuses for the fixed number of votes. It will be possible to...


Industrial production in Russia in the first half of the year 2019 grew by 2.6% in annual terms, Rosstat reported. "The index industrial proizvodstva1) made: in the I half-year 2019 in comparison with the I half-year 2018 – 102.6%" — it is said in the statement. In June, 2019 industrial production grew by 3.3% in comparison with an indicator for Ju...


The share of sales of cars of a segment of SUV in the capital market following the results of five months 2019 reached record level – 51.6%, experts of the analytical agency "Avtostat" reported. "So, in 2018 this indicator was 49.3%, and for the last 10 years it doubled (in 2008 it was equal to 25.9%). for the first time on average in a year the sh...


Photo: Anton of Vaganov / TASS the documents Provided by an investigation of case of top management of Rolf confirm legality of the transaction which became the basis for criminal case, the public representative for protection of the rights of the businessmen who are held in custody, Alexander Hurudzhi told RNS. "As for data which the investigation...