MOSCOW. The Russian Central Bank has moved the bi-currency corridor up by RUR0.05, to RUR32.0-RUR39.0 on August 14, ,2013, in a third rise since the beginning of the month.
At the end of July, the bi-currency corridor’s range was between RUR31.85 and RUR38.85. On August 8 and 12, it was raised by RUR0.05 each time. The Central Bank has set the sum of accrued interventions that results in a range move by RUR0.05 at $450mn. |
Russian Financial Control Monitor
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