Bank of Russia Buys $16.92 M Yuan, 1.2 B Rubles in Foreign‑Currency Purchases
Published by WarSignal Editorial · Last updated
The Bank of Russia purchased 16.92 million U.S. dollars worth of Chinese yuan on May 20, according to a statement released by the central bank.
On the previous day, the bank also bought foreign currency on the domestic market, with settlements amounting to 1.2 billion rubles.
The transactions reflect routine monetary operations conducted by the central bank to manage currency reserves and market liquidity.
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