Russia's FX reserves fall 1.5% in October to $720.9B
Published 18 h ago6 sourcesEvidence: Reported
Banco de la República purchased USD 2 billion from the National Government at the market rate, supplementing its reserve accumulation program running since August 2026. This increases dollar backing against external instability, signaling continued FX intervention. The move may reflect efforts to bolster external buffers amid potential capital flow volatility.
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Published 18 h ago6 sourcesEvidence: Reported
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