The Ministry of Finance wanted to exchange dollars and euros in the National Welfare Fund (NWF) for yuan and began to buy them according to the budget rule. About to write “Vedomosti”.
The publication stated that the Ministry of Finance has decided to bring the issue of acquiring the yuan to the level of the president. If a positive decision is made, the ministry will start buying foreign currency according to the improved budget rule, that is, even before the law is passed.
The publication added that the yuan will be bought with unexpected profits from oil and gas. At the same time, Indian rupee, Turkish lira and other currencies of friendly countries were also evaluated as alternatives. However, it turned out that they are less in demand in the Russian market.
According to the parameters of the new purchases, the barrel cut price of oil is 60 dollars, and the production volume is at the level of 9.5 million barrels per day.
12 August in the Central Bank report reportedThe Ministry of Finance is considering the possibility of replenishing the National Welfare Fund (NWF) with the help of the currencies of friendly countries.