The ministry said that the Ministry of Finance of the Russian Federation sharply reduced the volume of currency purchases in the domestic market from July 7 to August 4 to 74.3 million rubles from 45.1 billion rubles in June, PRIME writes.. Thus, the indicator fell by 608 times.

The message says: "The aggregate amount of funds allocated to purchase foreign currency in the domestic foreign exchange market in the period from July 7 to August 4, 2017, is 74.3 million rubles. Accordingly, the daily volume of buying foreign currency will amount to the equivalent of 3.5 million rubles ".

In the previous period - from June 7 to July 6 - the Ministry of Finance directed 45.1 billion rubles for these purposes, the volume of daily operations was then 2.1 billion rubles.

In July this year, the Ministry of Finance forecasts additional oil and gas revenues of 11.7 billion rubles: "Relatively low volume of additional oil and gas revenues is mainly due to a decrease in oil prices in June against the relatively stable ruble exchange rate".

The ministry said: "The deviation of the actual oil and gas revenues in June 2017 from the valuation carried out a month earlier was minus 11.6 billion rubles. The negative deviation is mainly due to the fact that the actual volume of exports of oil and oil products in June was significantly lower than projected estimates ".

It is specified that the Ministry of Finance of Russia will continue to attract the Bank of Russia in making foreign currency purchase transactions. Each working day during the specified period, the Central Bank will enter into transactions for the purchase of foreign currency at the organized trades of the Moscow stock exchange evenly during the trading day.

The acquired foreign currency will be credited to the accounts of the Federal Treasury at the Bank of Russia.