Peskov dismisses allegations that Moscow took personal swipe at ObamaRussian Politics & Diplomacy January 19, 13:45
NATO seeks constructive dialogue with Russia — StoltenbergWorld January 19, 13:43
At least 30 firefighters feared dead as burning building collapses in Iran — mediaWorld January 19, 13:41
Kremlin gives no comment on Constitutional Court’s decision on Yukos caseRussian Politics & Diplomacy January 19, 13:35
Kremlin rejects Biden’s reproaches of Russia’s aggressivenessRussian Politics & Diplomacy January 19, 13:26
Embassy in talks with Spanish authorities to protect detained Russian programmer’s rightsRussian Politics & Diplomacy January 19, 13:23
Russia invited US to join talks on Syria in Astana — LavrovRussian Politics & Diplomacy January 19, 13:14
Spanish court to consider request on detained Russian programmer’s extradition to USWorld January 19, 13:14
Upgraded Night Hunter's weapon systems to surpass all foreign counterparts — designerMilitary & Defense January 19, 13:14
MOSCOW, February 04. /ITAR-TASS/. The Central Bank of Russia on Monday, February 3, widened the boundaries of the floating currency trading band by 5 kopecks against the dollar-euro currency basket (consists of $0.55 and €0.45), a bank official said on Tuesday, February 4.According to the authority, the present-day ruble trading band of the Central Bank is established at 34.30-41.30 rubles.
The Central Bank of Russia uses the bi-currency basket mechanism in order to edge consequences of acute fluctuations in the currency rates. The boundaries of the corridor are automatically revised by five kopecks when accumulated currency interventions reach $350 million. The Central Bank announces changes to the trading band the next working day after they are introduced.
The regulator moved the limits of the bi-currency basket corridor up 24 times in January 2014 by a total of 1.20 rubles from 33.05-40.05 as of January 1.