Xinhua News Agency, Moscow, February 27 (Reporter Yellow River) The website of the Central Bank of Russia announced on the 27th that the Central Bank of Russia will resume the purchase of gold in the precious metal market in Russia from the 28th.
The announcement said that the gold purchase price will be determined daily based on the London Bullion Market Association morning price.
The Central Bank of Russia issued a statement on the 27th saying that Russia has the necessary resources to maintain financial stability and ensure business operations in the financial sector.
Russia will guarantee the flow of cash and non-cash in rubles of various banks.
The Russian banking system is stable, with sufficient capital and liquidity, and all banks in Russia are currently functioning normally.
In addition, the Russian side will use the local version of the Financial Information Transmission System (SPFS) to complete related business.
The United States and other Western countries issued a joint statement on the 26th, excluding some Russian banks from the Society for Worldwide Interbank Financial Communication (SWIFT) payment system, and imposing restrictions on the Russian central bank to prevent its allocation of international reserves to weaken the impact of sanctions. .