“According to the instructions of the Ministry of Finance of Russia, from January 2019, operations were carried out to purchase foreign currency in the domestic market at the expense of the federal budget (additional oil and gas revenues) in the amount of 2,977,232.8 million rubles,” the document says on the website of the department.
Thus, $ 20,706.4 million, € 18,473.6 million and £ 3,604.6 million were acquired.
Earlier, the Ministry of Finance evaluated the impact of the dollar on Russia's oil and gas revenues.
On March 9, oil prices fell 30% amid the collapse of the OPEC + deal. Following this, the ruble depreciated against the dollar to 72.5 and to the euro to 82.7.
The Central Bank said it would not buy currency in the domestic market for 30 days as part of the implementation of the budget rule.