Stock Groups

Russian central bank sells all $26.7 billion at one-week repo auction -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: The Central Bank in Moscow is covered by a Russian state flag on March 29th, 2021. REUTERS/Maxim Shemetov

(Reuters] – Russia’s central bank gave banks all 3 trillion roubles ($26.73 trillion) during a one week repo auction. It was faced with a demand for 4.84 trillion roubles by lending institutions trying to manage liquidity in the midst of collapsing Russian market.

Limits were set for the auction at 3 trillion rubles.

A one-day deposit auction raised 1.5 trillion rubles, the bank said.

($1 = 112.2470 roubles)

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]