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Russia sets limits on currency swaps on Thu Jan 14, 2010 2:41 pm
windreader1
MOSCOW, Jan 14 (Reuters) - Russia set the daily limit for currency swap operations with the central bank at 10 billion roubles ($337.4 million) on Thursday, the same as in the previous trading session.
Limits on how much foreign currency banks can swap for roubles in the central bank were introduced in 2008 in a bid to hinder currency speculators. Operations which do not involve the central bank are unaffected. ($1=29.64 Rouble) Keywords: RUSSIA SWAP/
Limits on how much foreign currency banks can swap for roubles in the central bank were introduced in 2008 in a bid to hinder currency speculators. Operations which do not involve the central bank are unaffected. ($1=29.64 Rouble) Keywords: RUSSIA SWAP/