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Russian central bank says to reduce limits for repo auctions to 1 trln rbls -Breaking


© Reuters. FILE PHOTO – People pass the Central Bank Headquarters in Moscow, Russia on February 11, 2019, REUTERS/Maxim Shemetov

(Reuters) – The Russian central banking announced Monday that it will reduce limits on deposit auctions and repo auctions to “fine-tuning”, from 3 trillion roubles in March 16th, to 1 trillion roubles ($8.9billion).

A repo auction would also be held by the bank on Tuesday, according to the bank.

($1 = 113.0000 roubles)

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