The expected volume of additional oil and gas revenues of the federal budget is projected in December 2023 in the amount of 362.0 billion rubles.
The deviation of actually received oil and gas revenues from the expected monthly volume of oil and gas revenues by the end of November 2023 amounted to minus 117.2 billion rubles.
Thus, the total amount of funds allocated for the purchase of foreign currency and gold is 244.8 billion rubles. The operations will be carried out in the period from December 7, 2023 to January 12, 2024, respectively, the daily volume of purchases of foreign currency and gold will amount to the equivalent of 11.7 billion rubles.
In order to reduce the volatility of financial markets, the Bank of Russia suspended the transmission of purchases of foreign currency to the domestic foreign exchange market from August 10, 2023 until the end of 2023.
From January 2024, the Bank of Russia will resume operations on the domestic foreign exchange market, taking into account the balance of all transactions carried out with funds from the National Welfare Fund in 2023.
Detailed information on additional oil and gas revenues of the federal budget is available in the section: Ministry of Finance of the Russian Federation / Statistics / Federal Budget / Information on additional oil and gas revenues of the federal budget
