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Russian Central Bank conducts first overnight currency swap operations for $581.4 mln
October 1, 2014 / 6:33 AM / 3 years ago

Russian Central Bank conducts first overnight currency swap operations for $581.4 mln

MOSCOW, Oct 1 (Reuters) - The Russian Central Bank said on Wednesday it had conducted its first overnight rouble-dollar swap operations in the amount of $581.4 million.

This was the first time the market used the mechanism that the Central Bank introduced on Sept. 16 to increase short-term banking liquidity. (Reporting by Lidia Kelly and Vladimir Abramov)

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