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Russia could buy yuan, rupees, Turkish lira for rainy day fund, central bank says

Summary by Ground News
Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund. The bank said it was sticking to the policy of a free-floating rouble exchange rate. The NWF is managed by the finance ministry but is part of the central bank's international reserves.
2 months ago

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Times of IndiaTimes of India

Russia may buy rupee, yuan & lira for rainy day fund

International Business News: MOSCOW: Russia is considering buying the currencies of “friendly” countries such as India, China and Turkey to hold in its National Wealth Fund (NWF),.

2 months ago·Mumbai, India
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ReutersReuters

Russia could buy yuan, rupees, Turkish lira for rainy day fund, central bank says

Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday.

2 months ago·United Kingdom
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NDTVNDTV

Russia Could Buy Yuan, Rupees, Turkish Lira For Rainy Day Fund

Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday.

2 months ago·New Delhi, India
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Channel News AsiaChannel News Asia

Russia could buy yuan, rupees, Turkish lira for rainy day fund - central bank

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine)MOSCOW : Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or

2 months ago·Singapore
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Business RecorderBusiness Recorder

Russian could buy yuan, rupees, Turkish lira for rainy day fund

MOSCOW: Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey to hold...

2 months ago
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Financial ExpressFinancial Express

Russia could buy yuan, rupees, Turkish lira for rainy day fund, says central bank

The bank said it was sticking to the policy of a free-floating rouble exchange rate but highlighted that it was important to reinstate a budget rule which diverts excess oil revenues into the country's rainy day fund.

2 months ago
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Bias Distribution

50% of the sources are Center
NDTV
Reuters
Channel News Asia
Financial Express
Times of India
Daily Sabah
L 17%
C 50%
R 33%
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