Wed, December 4, 2024
[ Wed, Dec 04th 2024 ]: Bill Williamson
Curious deals of billionaire Richard White and his wife Zena Nasser
[ Wed, Dec 04th 2024 ]: Bill Williamson
Lloyds Boss Warns Car Finance Saga Making UK Banks Less Investable
[ Wed, Dec 04th 2024 ]: Bill Williamson
For developing economies, the finance landscape has become a wasteland
[ Wed, Dec 04th 2024 ]: Bill Williamson
EPFO 3.0: ATM Access To PF And Removal Of 12% Contribution Cap On The Cards: Report
[ Wed, Dec 04th 2024 ]: Bill Williamson
Oman: National Finance backs Sheida's solar panel project
[ Wed, Dec 04th 2024 ]: Bill Williamson
AI-driven, deepfake-enabled cyberattacks to increase in 2025: Report
[ Wed, Dec 04th 2024 ]: Bill Williamson
Fortune Best Cities in Europe For Business 2024
[ Wed, Dec 04th 2024 ]: Bill Williamson
First Internet Bank Money Market Account Review 2024
[ Wed, Dec 04th 2024 ]: Bill Williamson
Bookkeeping Tips For 2025
[ Wed, Dec 04th 2024 ]: Bill Williamson
UK and Qatar pledge to grow investment ties
[ Wed, Dec 04th 2024 ]: Bill Williamson
Russian finance ministry to increase deferred daily FX purchases
[ Wed, Dec 04th 2024 ]: Bill Williamson
Indosuez appoints new CEO for Asia
[ Wed, Dec 04th 2024 ]: Bill Williamson
Ecuador sets second debt-for-nature swap in motion
[ Wed, Dec 04th 2024 ]: Bill Williamson
Bank Leumi speaks your language: Stop translating - start banking!
[ Wed, Dec 04th 2024 ]: Bill Williamson
Britain and Qatar to sign MoU boosting fintech and green finance ties
[ Wed, Dec 04th 2024 ]: Bill Williamson
Norway should begin process of divesting Russian assets, central bank says
[ Wed, Dec 04th 2024 ]: Bill Williamson
Finance executive, Elijah Oyeyinka advocates for .. c reforms to strengthen Nigeria's capital markets
[ Wed, Dec 04th 2024 ]: Bill Williamson
Aditya Birla Capital invests Rs 300 crore in housing finance arm
[ Wed, Dec 04th 2024 ]: Bill Williamson
Saving less than $197 a month forces me to leave HCMC and return to my hometown
[ Wed, Dec 04th 2024 ]: Bill Williamson
Britain, Qatar to sign agreement on financial services
[ Wed, Dec 04th 2024 ]: Bill Williamson
Tax laws amendment bill: list of key changes MPs have proposed after public participation
[ Wed, Dec 04th 2024 ]: Bill Williamson
Box Reports Fiscal Third Quarter 2025 Financial Results
[ Wed, Dec 04th 2024 ]: Bill Williamson
Parliament session LIVE news updates: Lok Sabha, Rajya Sabha set to reconvene at 11 am
[ Wed, Dec 04th 2024 ]: Bill Williamson
What is the maximum and minimum tenure for personal loans?
Tue, December 3, 2024
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Covenant university wins 2024 CGMA business leaders challenge
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Campbell's CEO Trades Soup and Snacks for the NFL
[ Tue, Dec 03rd 2024 ]: Bill Williamson
BlackRock Jumps Deeper Into the Private Markets
[ Tue, Dec 03rd 2024 ]: Bill Williamson
With late audit now in, Moody's says Paterson will keep its higher credit rating
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Melbourne woman loses $40k house deposit after 'sophisticated' scam call
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Nigeria, South Africa to finalise key security pact by March 2025
[ Tue, Dec 03rd 2024 ]: Bill Williamson
US job openings rose last month, though hiring slowed, in mixed picture for labor market
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Super Micro heeds committee call for new CFO amid process 'lapses'
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Balancing act: Labour's 2024 budget and the road ahead for UK motor finance
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Carnival Cruise Line Appoints Jeremy Schiller As Chief Financial Officer
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Exxon names former GM president to run oil and gas business
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Clarkonomics: Dissecting the complexity of paying Caitlin Clark what she's really worth
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Intel's outgoing CEO is living every executive's .. post-departure stock bump and no succession plan
[ Tue, Dec 03rd 2024 ]: Bill Williamson
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[ Tue, Dec 03rd 2024 ]: Bill Williamson
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[ Tue, Dec 03rd 2024 ]: Bill Williamson
KeyBank Business Checking Review 2024
[ Tue, Dec 03rd 2024 ]: Bill Williamson
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[ Tue, Dec 03rd 2024 ]: Bill Williamson
Zscaler, Inc. (NASDAQ:ZS) Q1 2025 Earnings Call Transcript
[ Tue, Dec 03rd 2024 ]: Bill Williamson
UK's Reeves promises more power for England's regional mayors
[ Tue, Dec 03rd 2024 ]: Bill Williamson
IMF begins talks on fresh loans
[ Tue, Dec 03rd 2024 ]: Bill Williamson
NY's Blazin Chicken to open two Fairfax Co. locations (with late-night hours)
[ Tue, Dec 03rd 2024 ]: Bill Williamson
PhonePe aims to replicate UPI success across expanding financial services
[ Tue, Dec 03rd 2024 ]: Bill Williamson
Fortune - Fortune 500 Daily & Breaking Business News | Fortune
[ Tue, Dec 03rd 2024 ]: Bill Williamson
20 Strategies To Safeguard Your Business Credit During A Crisis

Russian finance ministry to increase deferred daily FX purchases

The Russian Finance Ministry announced on December 4, 2023, that it will increase its deferred daily foreign currency purchases for 2024, aiming to stabilize the ruble amidst economic pressures from Western sanctions. The ministry plans to buy 12.6 billion rubles ($139.5 million) worth of foreign currency daily, up from the previous year's 11.7 billion rubles. This adjustment is part of a broader strategy to manage the national currency's volatility, especially after the ruble weakened significantly following geopolitical tensions and sanctions related to the Ukraine conflict. The increased purchases are intended to be executed through the Bank of Russia, which will convert these rubles into foreign currency to bolster Russia's National Wealth Fund. This move reflects Russia's ongoing efforts to mitigate the impact of sanctions and support its economy by managing its foreign exchange reserves more actively.

Read the Full Reuters Article at:
[ https://www.reuters.com/markets/currencies/russian-finance-ministry-increase-deferred-daily-fx-purchases-2024-12-04/ ]