The Russian finance ministry said on Friday it would reduce its purchases of foreign currency and gold in July in line with its budget rule.
From July 7 to August 6 2026, the ministry will purchase foreign currency worth 123.2 billion roubles ($1.59 billion) compared with 208.2 billion roubles in the previous month.
The Russian central bank, which carries out these transactions on behalf of the finance ministry, will reduce the volume of daily net purchases to 4.82 billion roubles, down from 5.28 billion roubles in June and 9.34 billion roubles in the first six days of July.
($1 = 77.3300 roubles)