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Russia c.bank conducts 86.83 bln roubles worth of forex interventions on Oct. 16
October 20, 2014 / 6:11 AM / 3 years ago

Russia c.bank conducts 86.83 bln roubles worth of forex interventions on Oct. 16

MOSCOW, Oct 20 (Reuters) - Russia’s central bank said on Monday it had conducted 86.83 billion roubles ($2.12 billion) worth of forex interventions to defend the rouble on Oct. 16.

The central bank releases its interventions data with a time lag. The rouble has been sliding on falling oil prices and broad risk aversion towards Russia because of its role in the Ukraine crisis. (1 US dollar = 40.9175 Russian rouble) (Reporting by Alexander Winning and Lidia Kelly, editing by Jason Bush)

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