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Bank of Russia sold .07 million worth of yuan on November 14 – Business and Economy
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Bank of Russia sold $43.07 million worth of yuan on November 14 – Business and Economy

MOSCOW, 15 November. /TASS/. In the statement made by the regulator, it was stated that the Central Bank of Russia sold yuan by clearing in the domestic market in the amount of 4.3 billion rubles ($43.07 million) on November 14, 2024.

With the payments made on November 13, foreign exchange sales in the domestic market reached 4.2 billion rubles ($4207 million).

The Central Bank of Russia carries out trading in the domestic market in the yuan-ruble instrument in the currency section of the Moscow Stock Exchange. It will be held between 7 November and 5 December 2024.

The daily transaction volume in 2024 will be determined based on the foreign exchange buying or selling volumes announced by the Russian Ministry of Finance within the framework of regular transactions in accordance with the budget rule on the third business day of each month. for the balanced value of a series of transactions.