Russia's Finance Ministry Cuts FX Purchases to 123.2B Rubles for July-August, Down from 208.2B

According to Russia's Finance Ministry, the government will purchase 123.2 billion rubles in foreign exchange during the period from July 7 to August 6, 2026.

This represents a reduction from the previously announced plan of 208.2 billion rubles, marking a significant downward adjustment to the central bank's currency intervention strategy.

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