Russia's Central Bank buys forex worth 18.3 bln rubles

 Russia's Central Bank buys forex worth 18.3 bln rubles

Russia’s Central Bank bought foreign currency worth 18.3 billion rubles on April 1 as it resumed its forex purchases for the state reserves, the bank said.

The Russian Finance Ministry would allocate 310 billion rubles or an average of 15.5 billion rubles per day for forex purchases between March 7 and April 4, TASS reported.

The Russian central bank stepped up daily purchases of foreign currency in February. These purchases will increase daily forex purchases under the fiscal rule by 2.8 billion rubles.

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