currency purchases in August, the Finance Ministry will have no impact on the ruble
As stated yesterday, the Ministry of Finance, in the period from 7 August to 6 September, the agency plans to buy currency at 47.6 billion rubles. (2.1 billion rubles. / $ 35 million per day). From the beginning, the Ministry of Finance has acquired about 308 billion rubles. In comparison with the previous month, the Office strongly increased its purchases (in July it amounted to only 74.3 million rubles.), But we believe that this amount will not affect the exchange rate, as long as on the course still influences geopolitical tensions between Russia and the USRelated posts
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