Minfin cuts currency purchases to 2.5 bln rubles daily
From September 7 to October 6, the Ministry of Finance intends to purchase foreign currency and gold according to budgetary rules for a total amount of 55.6 billion rubles. The daily volume of operations will be equivalent to 2.5 billion rubles, the ministry's press service announced.
Consensus
- The Russian Ministry of Finance plans to purchase foreign currency and gold under the budget rule from September 7 to October 6, 26.
- The total amount for the period will be 55.6 billion rubles.
- The daily purchase volume will be equivalent to 2.5 billion rubles.
- This represents a reduction compared to the previous month, when daily purchases were 6.5 billion rubles.
- The Ministry of Finance purchased 136.17–136.2 billion rubles of foreign currency and gold from August 7 to September 4.
- Operations are conducted on the domestic market in accordance with the budget rule.
- The Ministry resumed these operations in May 2026 after a two-month pause.
Points of divergence
- The government is discussing reducing the oil price threshold for the budget rule to $50 per barrel. — kommersant
- The actual deviation of oil and gas revenues from the base volume in August was 45 billion rubles. — vedomosti
- The expected volume of additional oil and gas revenues for the federal budget in September is 100.7 billion rubles. — vedomosti
- The Bank of Russia reduced daily sales of foreign exchange from the National Wealth Fund to 0.58 billion rubles per day in the second half of 2026. — vedomosti
- Experts estimate that the Bank of Russia's decision may moderately weaken the ruble to levels above 80. — vedomosti
- On June 4, Minister Anton Siluanov stated that the government plans to extend the mandatory foreign exchange sale requirement for Russian exporters until the end of 2029. — vedomosti
Coverage (4 sources)
- Ministry of Finance will reduce foreign currency purchases by budget rule starting September 7 — Вести
- Ministry of Finance will reduce foreign currency purchases by budget rule starting September 7 — Коммерсантъ
- Ministry of Finance reduced purchase of foreign currency and gold to 2.5 billion rubles per day — Ведомости
- Ministry of Finance will allocate 55.6 billion rubles for purchasing foreign currency and gold — Москва 24