MOSCOW, March 31 (Bernama-Xinhua) -- Russia has suspended its monthly operations to buy and sell foreign currency and gold on the domestic market until July 1, 2026, according to a statement published on the Russian Ministry of Finance website on Monday, reported Xinhua.
The decision was made in connection with planned adjustments to the baseline oil price parameter, aimed at improving the resilience of public finances and strengthening the country's financial system, said the statement.
It added that once operations resume, specific procedures will be determined, taking into account the volume of deferred purchases and sales of foreign currency and gold accumulated since March.
--BERNAMA-XINHUA
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