Since 2018, the Russian government's budget rule involves a monthly acquisition of the foreign currency to contribute to the Russian National Wealth Fund, along with the oil and gas industry revenues. In November 2018, the highest volume of foreign currency was purchased under the named rule, after which the value of funds for such purposes gradually decreased. In March 2020, the lowest mark was recorded at roughly 133 billion Russian rubles.
Total amount of funds allocated for the purchase of foreign currency by Russian government from January 2018 to March 2020
(in billion Russian rubles)
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RBC.ru. (March 4, 2020). Total amount of funds allocated for the purchase of foreign currency by Russian government from January 2018 to March 2020 (in billion Russian rubles) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1101898/russia-value-of-foreign-currency-acquisition/
RBC.ru. "Total amount of funds allocated for the purchase of foreign currency by Russian government from January 2018 to March 2020 (in billion Russian rubles)." Chart. March 4, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1101898/russia-value-of-foreign-currency-acquisition/
RBC.ru. (2020). Total amount of funds allocated for the purchase of foreign currency by Russian government from January 2018 to March 2020 (in billion Russian rubles). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1101898/russia-value-of-foreign-currency-acquisition/
RBC.ru. "Total Amount of Funds Allocated for The Purchase of Foreign Currency by Russian Government from January 2018 to March 2020 (in Billion Russian Rubles)." Statista, Statista Inc., 4 Mar 2020, https://www.statista.com/statistics/1101898/russia-value-of-foreign-currency-acquisition/
RBC.ru, Total amount of funds allocated for the purchase of foreign currency by Russian government from January 2018 to March 2020 (in billion Russian rubles) Statista, https://www.statista.com/statistics/1101898/russia-value-of-foreign-currency-acquisition/ (last visited November 21, 2024)
Total amount of funds allocated for the purchase of foreign currency by Russian government from January 2018 to March 2020 (in billion Russian rubles) [Graph], RBC.ru, March 4, 2020. [Online]. Available: https://www.statista.com/statistics/1101898/russia-value-of-foreign-currency-acquisition/
