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.

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.
Source: Reuters