Russia Sets FX and Gold Sales at 192.1 Billion Rubles for Jan. 16–Feb. 5

Overview

• The Finance Ministry set a daily sale amount equivalent to 12.8 billion rubles ($163.1 million) for the new window.
• The previous schedule for December 5 to January 15 covered planned sales of 123.4 billion rubles ($1.57 billion) under the fiscal rule.
• Bank of Russia data show international reserves at $754.853 billion on January 1, up 2.76% from the start of December.
• Weekly reporting put reserves at $752.5 billion by the end of January 2, a $11.4 billion decline driven mainly by negative revaluation.
• In December, foreign-currency assets fell 1.05% to $428.317 billion as the value of monetary gold rose 5.09% to a record $326.537 billion, with sanctions continuing to constrain reserve operations.