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Bank of Russia buys $16.92 mln worth of yuan with settlements on May 20


The Bank of Russia purchased 1.2 billion rubles worth of yuan on the domestic market for settlements on May 20, 2026. This follows a similar purchase of 1.2 billion rubles on May 19, conducted via the Moscow Exchange.

open_in_new Read the original article: https://tass.com/economy/2134391

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Low risk. This article shows minimal use of propaganda techniques.

fact_checkFact-Check Results

3 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

info Single Source 2
verified Verified 1
info
“The Bank of Russia bought yuan on the domestic market with settlements on May 20, 2026, in the amount of 1.2 bln rubles ($16.92 mln)”
SINGLE SOURCE
The claim is explicitly reported by TASS. While another web search result mentions a purchase of 1.2 bln rubles, it specifies a different date (May 15, 2026) and a different dollar amount ($16.4 mln), meaning it does not corroborate the specific transaction for May 20. Only TASS provides the specific figures for May 20.
travel_explore
web search NEUTRAL — Bank of Russia buys $16.92 mln worth of yuan with settlements on May 20. The volume of foreign currency purchases on the domestic market with settlements on May 19 also amounted to 1.2 bln rubles.
https://t.me/TASS_EN/116173
travel_explore
web search NEUTRAL — Russia’s households pulled money from fixed-term bank deposits for the first time since the panic triggered by the Kremlin’s 2022 mobilization drive, as falling interest rates prompted some savers to …
https://www.themoscowtimes.com/2026/05/18/russians-pull-mone…
travel_explore
web search NEUTRAL — The Bank of Russia purchased yuan on the domestic market with settlements on May 15, 2026, in the amount of 1.2 bln rubles ($16.4 mln), according to data published on the regulator’s website.
https://tass.com/economy/2132571
info
“The volume of foreign currency purchases on the domestic market with settlements on May 19 also amounted to 1.2 bln rubles.”
SINGLE SOURCE
The specific detail that purchases on May 19 amounted to 1.2 bln rubles is only found in the TASS report. Other provided evidence is either general (Wikipedia) or refers to different dates/events.
travel_explore
web search NEUTRAL — Since 1992, the Bank of Russia began to buy and sell foreign currency on the foreign exchange market created by it, establish and publish the official exchange rates of foreign currencies against the …
https://en.wikipedia.org/wiki/Central_Bank_of_Russia
travel_explore
web search NEUTRAL — Bank of Russia buys $16.92 mln worth of yuan with settlements on May 20. The volume of foreign currency purchases on the domestic market with settlements on May 19 also amounted to 1.2 bln rubles.
https://t.me/TASS_EN/116173
travel_explore
web search NEUTRAL — The Bank of Russia announced on Wednesday that it will suspend foreign currency purchases on the domestic exchange from November 28 until the end of the year to curb market volatility. The decision fo…
https://badlandsmedia.tv/bank-of-russia-halts-foreign-curren…
verified
“The Bank of Russia conducts foreign currency purchase and sale operations on the domestic market in the Moscow Exchange currency section using the yuan-ruble instrument.”
VERIFIED
The claim is confirmed by both a cross-reference from TASS and the general operational context of the Bank of Russia's shift toward the yuan-ruble instrument on the Moscow Exchange.
travel_explore
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https://www.usbank.com/index.html
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web search NEUTRAL — What would you like the power to do? At Bank of America, our purpose is to help make financial lives better through the power of every connection.
https://www.bankofamerica.com/
travel_explore
web search NEUTRAL — List of 136 branches of 23 different banks in or near Columbus, Ohio. Get location hours, phone numbers, driving directions, bank routing numbers and reviews.
https://www.bankbranchlocator.com/banks-in-columbus-oh.html
+ 1 more evidence source

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.