MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CBR Sells $45.5m of FX as Part of New Fiscal Rule

RUSSIA
  • The Bank of Russia sold foreign currency in the amount of $45.5m on the domestic market with settlements on February 2, according to data published on the regulator's website on Friday. The Russian Ministry of Finance resumed foreign exchange sales operations on the domestic currency market on Jan 13 as part of the new fiscal rule mechanism.
  • Air raid alerts sounded in Kyiv and across Ukraine on Friday as a summit of EU and Ukrainian leaders was due to begin in the country's capital, Reuters report. European Council President Michel and European Commission President von der Leyen were in Kyiv for the summit with Ukrainian President Zelenskiy, ahead of the first anniversary of Russia's invasion.
  • North Korea’s government recently ordered North Korean trading companies in Russia to select personnel to send to Russian-occupied eastern Ukraine so they can take part in reconstruction efforts, Daily NK reports as cited by Bloomberg. North Korea will likely send the personnel to Ukraine in mid-February or March; with the first batch likely to be about 300-500 men.
  • Russian frigate Admiral Gorshkov will launch a hypersonic Tsirkon missile during the joint naval exercises with China and South Africa, Tass reports. Joint navy maneuvers are to take place is South African waters in February.
  • Russia S&P Global Services and Composite PMIs rose to 48.7 (prior 45.9) and 49.7 (prior 48.0) respectively. Foreign Minister Lavrov will speak at the United Russia party event later today.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.