Russian central bank sells $19 billion at ‘fine-tuning’ repo auction

1 min read
FILE PHOTO: Illustration shows Russian rouble coins are seen in this illustration taken

– Russia’s central bank on Wednesday said it had provided banks with 2.05 trillion roubles ($18.97 billion) at a “fine-tuning” one-day repo auction, as it seeks to help lending institutions manage their liquidity.

The limit at the auction was 3 trillion roubles.

($1 = 108.0770 roubles)

(Reporting by Reuters)