Russian central bank increases daily limit on euro-rouble forex swaps to 3.5 billion euros

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A Russian state flag flies over the Central Bank headquarters in Moscow

MOSCOW – The Russian central bank increased the daily limit for its foreign exchange swap operations in euros to 3.5 billion euros from 2 billion euros, it said on Friday, further increasing liquidity supply after some of its top banks were hit by U.S. sanctions.

(Reporting by Elena Fabrichnaya; Writing by Katya Golubkova; Editing by Kirsten Donovan)