On fiscal rule-based operations
The Bank of Russia decided to resume regular foreign currency purchases in the domestic market as part of fiscal rule implementation from 15 January 2019. The decision was made given the stabilisation in the domestic financial market. The decision on the foreign currency purchases in the domestic market that were postponed in 2018 will be taken after regular purchases resume. The postponed purchases may be carried out gradually in 2019 and in subsequent years.
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