Loading ...MOSCOW, Feb 3 (Reuters) – Russia’s finance ministry is to channel a record $8.3 billion worth of gold and foreign currency to state reserves in the month ahead, it said on Thursday, but this should have no immediate impact on the rouble.
Russia does not target a specific rouble rate but normally buys FX on the local market on a daily basis under its fiscal rule, designed to shield it from fluctuations in prices for crude oil, its main export.