TASS6/26/2026Business1 min readRussia
Bank of Russia Buys 5.3 Billion Rubles in Yuan for June 25, 2026 Settlements
Quick Look
- The Bank of Russia purchased 5.3 billion rubles ($68 million) worth of yuan on the domestic market with settlements on June 25, 2026, as reported by the regulator.
- This follows a similar purchase with June 24 settlements, part of its ongoing yuan-ruble operations on the Moscow Exchange.
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Why It Matters
The Bank of Russia conducts purchase and sale operations on the domestic market using the yuan-ruble instrument on the Moscow Exchange, as part of its currency management strategy.
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MOSCOW, June 26. /TASS/. The Bank of Russia purchased yuan on the domestic market with settlements on June 25, 2026, in the amount of 5.3 bln rubles ($68 mln), according to data published on the regulator’s website.
The Central Bank also purchased yuan on the domestic market in the amount of 5.3 bln rubles with settlements on June 24.
The Bank of Russia carries out purchase and sale operations on the domestic market in the currency section of the Moscow Exchange in the yuan-ruble instrument.
Open Questions
- What is the strategic goal behind these yuan purchases?
- What are the implications for Russia's currency reserves?
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This article was originally published by TASS.
