June 5 (Reuters) - Russia's finance ministry said on Wednesday it would reduce its purchases of foreign currency and gold in the month ahead, a move that will increase the state's overall forex sales.
The finance ministry said its purchases of foreign currencies and gold for the period from June 7 to July 4 would amount to the equivalent of 71.1 billion roubles ($801.04 million), or 3.7 billion roubles per day.
Due to other interventions the central bank is carrying out until the end of June, the Russian state will continue making FX sales throughout the month.
In the previous period, between May 8 and June 6, the ministry had planned to buy foreign currency worth 110.9 billion roubles, or 5.6 billion roubles per day.
($1 = 88.7600 roubles) (Reporting by Darya Korsunskaya and Alexander Marrow; Editing by Mark Trevelyan)
