Russia Central Bank Swap Limited To RUB5Billion

  • 19 Jan 2009

Russia has set the daily currency swap for its central bank at RUB5 billion (USD15 million). The limit was introduced in October to stop currency speculation. Currency swaps that do not involve the bank are not impacted.

Click here to read the story from Reuters

http://in.reuters.com/article/asiaCompanyAndMarkets/idINLJ47561320090119

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