Russia central bank shifts rouble's trading band by 5 kopecks

20 Oct, 2014

MOSCOW: Russia's central bank said on Monday it had shifted the boundaries of its floating rouble corridor by 5 kopecks, following market interventions to curb the pace of the currency's decline.

As of Oct. 17, the new corridor extended from 37.30 to 46.30 against a dollar-euro basket, compared to 37.25 to 46.25 previously.

Copyright Reuters, 2014

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