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Russia revives gold and foreign currency trading in May 2026

A strategic shift to curb economic turbulence: Russia's return to gold and forex trading. Transparency and predictability take center stage.

The image shows an old Russian banknote with a picture of a double-headed eagle on it. The...
The image shows an old Russian banknote with a picture of a double-headed eagle on it. The denomination of the note is 30 roubles, which is a type of currency used in Russia.

Russia's Finance Ministry to Resume Foreign Currency and Gold Transactions Under Fiscal Rule from May 1

Russia revives gold and foreign currency trading in May 2026

The move was reported by TASS, citing materials published on the ministry's official website.

According to the documents, the ministry will restart foreign currency and gold purchases and sales on the domestic market from May 2026 "to enhance the stability and predictability of domestic economic conditions and reduce the impact of volatile energy market trends on Russia's economy and financial system."

The Finance Ministry also clarified that the volume of deferred operations from March and April will be factored into the May transactions.

"As usual, information on the transaction amounts will be published on the third business day of the month at 12:00 PM," the ministry stated.

Earlier, Finance Minister Anton Siluanov had said the government was considering resuming currency operations under the fiscal rule ahead of schedule—potentially as early as July 2026.

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