The Central Bank will resume operations in the domestic foreign exchange market from January 13

The Central Bank will resume operations for buying and selling foreign currency on the Moscow Exchange from January 13. The regulator made this decision as part of the implementation of the fiscal rule mechanism. True, this will only affect the Chinese yuan so far.

“Operations will be carried out in the currency section of the Moscow Exchange in the instrument” Chinese yuan – ruble “with a settlement term” tomorrow, – noted in the Telegram channel of the regulator.

They will sell and buy currency evenly on every day of the month in order to reduce the impact of these operations on exchange rates.

From January 13 to February 6, the Ministry of Finance will send for sale foreign currency equivalent to 54.5 billion rubles, the daily sales volume is 3.2 billion rubles.

Earlier on the same day, it became known that the Central Bank of the Russian Federation for the first time since 2019 decided to register a new bank. They became OOO Bank Tochka.