✉news BusinessBanking first seen 5 h ago, last 1 h ago, peak #24
Russia's central bank reports 26.1% jump in corporate net forex sales
Original: Russia's central bank says net forex sales by non-financial companies up 26.1% in September
Russia's central bank says net foreign currency sales by the country's non-financial companies rose 26.1% in September. The figure points to heavier corporate demand for hard currency during the month, a metric closely watched for pressure on the ruble. Traders and analysts are tracking the data for signals on currency market conditions under ongoing sanctions.
Why now: Fresh central bank data on corporate forex flows matters to anyone watching the ruble and Russia's economy under sanctions.
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- Russia's central bank says net forex sales by non-financial companies up 26.1% in September · TradingView
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