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I Get By With Alittle Help From My Friends....

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Russia sets limits on currency swaps

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1Russia sets limits on currency swaps Empty Russia sets limits on currency swaps Thu Jan 14, 2010 3:41 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/

2Russia sets limits on currency swaps Empty Re: Russia sets limits on currency swaps Thu Jan 14, 2010 3:48 pm

Guest


Guest

Now that is very interesting that the currency swaps are back in the news.

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