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

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)

Reuters

Related posts

Majority of New Jersey Residents are Struggling Financially According to Poll

New Jersey Files Charges Against GOP Chairman Over $382 Tax Fraud

Phil Murphy beefs up security for lawmakers after Tim Walz appointee goes on shooting spree in Minnesota