Home » News » Forecasting Currency Sales and Central Bank Operations: Insights from Hard Figures Channel

Forecasting Currency Sales and Central Bank Operations: Insights from Hard Figures Channel

by Alexandra Hartman Editor-in-Chief

2023-11-28 15:50:00

The author of the Telegram channel “Hard Figures” Rodion Latypov expects that the volume of currency sales will be regarding $100-500 million per month. Purchases within the budget rule with Urals at $71/bbl. in 2024 would amount to 1.8 trillion rubles. per year, he believes. The difference in deferred operations will amount to RUB 1.3 trillion. (net sales), assessed by an expert. Latypov also assumes that the Central Bank will not be limited to the limit of 300 billion rubles. for six months for operations related to investing NWF funds in projects, since this is not indicated in the press release. The amount of such sales will be regarding 1 trillion rubles. per year, Latypov believes.

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