Russian central bank sets limit on rouble liquidity via FX swap at $10bn/day

13 Jan, 2015

MOSCOW: The Russian central bank has set a limit on rouble liquidity available via foreign currency swaps at $10 billion per day between Jan. 13 and Jan. 31, it said in a statement on Tuesday. It added that the limit could be adjusted if needed.

The central bank raised the limit to $10 billion from $2 billion in mid-December to alleviate a shortage of roubles in the money market.

Copyright Reuters, 2015

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