Russian Finance Ministry Suspends FX and Gold Operations

Russia's Finance Ministry has suspended foreign exchange and gold operations for March, a move described as 'unexpected' by analysts, to adjust its 'budget rule'.

4 Mar, 14:27 — 4 Mar, 14:27

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Moscow Times12h ago

Finance Ministry Suspends March FX and Gold Operations to Adjust ‘Budget Rule’

Analysts described the move as “unexpected” since market participants believed the recent rise in oil prices would delay a planned revision of the base oil price.

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Russian Finance Ministry Suspends FX and Gold Operations

Read at source (1 outlet)

Finance Ministry Suspends March FX and Gold Operations to Adjust ‘Budget Rule’

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