Russia's Finance Ministry announces daily currency and gold purchases of 5.8 billion rubles from May 8 to June 4, falling well below market forecasts. The ruble strengthened by 1% against the yuan on the Moscow Exchange following the announcement.
Russia's Ministry of Finance announced it will resume foreign currency and gold purchases from May 8 to June 4 at a rate of 5.8 billion rubles per day, significantly lower than analyst expectations. Following the announcement, the ruble strengthened against the yuan on the Moscow Exchange, with the Chinese currency falling approximately 1%.
Quick reaction
One tap helps tune what we surface next.
Reader discussion
Public commentsNo comments yet. Start the discussion around this signal.
Follow this signal
Get updates on this story
We will email you if this changes materially. No spam. Daily brief optional.
Map context
Open map near Russia
Keep the story in context with nearby live signals, countries, and category movement.
Related coverage
More story pages
Russia cuts forecast for gas exports to key markets, lowers price for China - document
Russia cuts forecast for gas exports to key markets, including China, and lowers gas price for China - document
Intuit to lay off 3,000+ employees, refocus on AI
Intuit to lay off over 3,000 employees to refocus on AI
Bank of England's Bailey warns UK food price controls unsustainable
Bank of England Governor Andrew Bailey says UK food price controls are not sustainable long-term, after reports of Treasury asking supermarkets to cap essential product costs.
US imports of Venezuelan oil reach highest level since 2018.
US imports of Venezuelan oil reach highest level since 2018.
More live signals
Continue with the live feed.
The fastest nearby updates load from the public feed, not the enriched story endpoint.