The Ministry of Finance throughout the month is to buy the currency on 3 billion rubles a day

The Ministry of Finance throughout the month is to buy the currency on 3 billion rubles a day


Moscow. 3 Mar. The Finance Ministry plans to direct for purchase of foreign currency on the domestic market from March 7 through April 6 70.5 billion rubles of additional oil and gas revenues of the Federal budget. The daily volume of currency purchases during this period it is planned, equivalent to 3.2 billion roubles, is spoken in the message of the Ministry of Finance.

Exceeding the expected oil revenues in March on the monthly assessment provided for by the law on the budget for 2017-2019 years, are estimated to be $ 91.9 per billion. And the actual received oil and gas revenues in February were below their estimates made a month earlier, to 21.4 billion rubles.

Negative deviations in February, mainly due to the fact that the actual volume of export of oil and oil products this month was below forecast estimates calculated from the baseline scenario of socio-economic development. In addition, actual exchange rate of the dollar against the ruble in February formed at a lower level compared to the average monthly value January used for evaluation.

Thus, explained in the Ministry of Finance, the total amount of funds allocated for the purchase of foreign currency from 7 March to 6 April is 70.5 billion. If the current market conditions it is expected that the volume of the means directed on purchase of foreign currency on the domestic market in subsequent periods will be higher, the report says.

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