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Bank of Russia Buys $70.56 Million Yuan in June Settlement

|Moscow, Russia|1 independent sources

Published by WarSignal Editorial · Last updated

The Bank of Russia purchased $70.56 million worth of Chinese yuan during settlements on June 29, according to a report from the State Administration of Foreign Exchange.

The purchase was part of the domestic market foreign‑currency transactions, which totaled $69.28 million on June 26. The transaction was recorded by the central bank as part of its routine foreign‑exchange operations.

No further details were provided about the purpose or counterparty of the purchase.

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