Ex-Ukrainian president lambastes Europe for ‘brining Ukraine to its knees’World June 22, 17:12
Senator calls for tough response to Poland’s decision to demolish Red Army monumentsRussian Politics & Diplomacy June 22, 17:03
Putin to watch joining of Turkish Stream gas pipeline sectionsBusiness & Economy June 22, 16:16
Moscow hopes Saudi king’s visit to Russia will take place soonRussian Politics & Diplomacy June 22, 16:14
Poll reveals every second Russian sees no real external military threatSociety & Culture June 22, 15:35
French Foreign Ministry expresses regret over assault and robbery of Russian delegateWorld June 22, 15:22
Moscow expects Russia - NATO Council meeting to be held in JulyRussian Politics & Diplomacy June 22, 15:18
Jury to deliver verdict on Nemtsov murder case on June 27Society & Culture June 22, 15:12
‘Syria Tomorrow’ opposition leader counts on Russia’s role in settling crisisWorld June 22, 14:26
MOSCOW, February 05. /ITAR-TASS/. Central Bank of Russia on Tuesday, February 4, widened the boundaries of floating currency trading band by 10 kopecks against the dollar-euro currency basket (consists of $0.55 U.S. and €0.45), a bank official said on Wednesday, February 5.
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 watchdog 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.