Russian central bank says to reduce limits for repo auctions to 1 trln rbls

– The Russian central bank said on Monday it would reduce the limits on repo auctions and deposit auctions for “fine-tuning” to 1 trillion roubles ($8.9 billion) from the previous threshold of 3 trillion roubles starting from March 16.

The bank also said it would hold a repo auction on Tuesday.

($1 = 113.0000 roubles)

(Reporting by Reuters)