The Bank of Russia will not buy currency on the domestic market yet

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AK&M 24 January 2022 18:09

The Central Bank from 15:00 MSK on January 24, 2022 suspends the purchase of foreign currency on the domestic market as part of the implementation of the budget rule. This is stated in the message of the regulator.

The decision was made in order to increase the predictability of the actions of the monetary authorities and reduce the volatility of financial markets. The decision to resume the purchase of currency will be made taking into account the actual situation in the financial markets, the regulator emphasizes.