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Home>Bank of Russia Moves to Stem Ruble Slide

Bank of Russia Moves to Stem Ruble Slide

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Fri, 28 Nov 2014

By Andrey Ostroukh MOSCOW--The Bank of Russia said Friday it would extend limits on currency swaps in an effort to stabilize the ruble, after the currency hit a record low against the dollar. Earlier this month, the central bank set a daily limit of $2 billion for currency-swap operations, where
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