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Russian c.bank suspends 7, 28 day FX repo
September 8, 2017 / 10:11 AM / 14 days ago

Russian c.bank suspends 7, 28 day FX repo

MOSCOW, Sept 8 (Reuters) - The Russian central bank said on Friday it would stop providing foreign currency at seven- and 28-day repo auctions from Sept. 11.

The central bank said it suspends the auctions where it provided the banking sector with up to $100 million.

The central bank also said that banks still owe it $1 billion worth of foreign currency they earlier received through FX repo. (Reporting by Andrey Ostroukh; editing by Vladimir Soldatkin)

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