Date: 4 weeks ago   Category: Finance

The Central Bank has secured for the Ministry of Finance currency on 20,2 billion rubles before suspension of purchases — Rambler News Service


Photo: Kirill Kukhmar / TASS the Bank of Russia has bought in domestic market on Wednesday, August 22, currency for 20,2 billion rubles for the Ministry of Finance with calculations on August 23, follows from data of the regulator. The Central Bank bought currency for department during the period from August 17 to August 22. In total four transactions – two for 17,5 billion rubles, one for 20,1 billion rubles and one for 20,2 billion rubles have been carried out. Before the regulator didn't buy currency for the Ministry of Finance for six days. On August 8 the size of the transaction was strongly reduced and was only 8,4 billion rubles. A day earlier the Central Bank has secured for department currency for 16,7 billion rubles. The day before, on August 23, the Central Bank has announced the temporary refusal of purchase of currency for department. Transactions won't be carried out until the end of September. Need of increase in predictability of actions of the monetary authorities and also decrease in volatility of the financial markets became the reason of such decision. The Ministry of Finance has said that the solution of the regulator won't influence implementation of the plan of purchases of currency. The Central Bank defines her sources for account replenishment of Federal Treasury independently.

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