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Abstract:Russia’s finance ministry on Friday said it expects to receive 393 billion roubles ($6.35 billion) in additional oil and gas revenues this month.
Russias finance ministry on Friday said it expects to receive 393 billion roubles ($6.35 billion) in additional oil and gas revenues this month.
The Russian budget is set to record total additional receipts of 656.6 billion roubles in May-June thanks to higher-than-expected oil prices, it said in a statement.
Due to the temporary suspension of certain provisions of the budget rule, the ministry does not plan to conduct market forex operations this year, it said.
($1 = 61.9000 roubles)
(Reporting by Reuters)
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