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Central Bank more than triples foreign currency interventions in March 2014

April 02, 2014, 15:28 UTC+3 A-7 ¶ ¶ MOSCOW
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MOSCOW, April 02. /ITAR-TASS/. The Central Bank of Russia sold $22.3 billion and €2.3 billion on the domestic market in March 2014, the regulator said in its report.

Therefore, in March, the US dollar sales were 3.6 times more than in February, while the euro sales went up by 3.3 times.

The Central Bank foreign currency interventions in March 2014 exceeded the record high of the crisis month of January 2009, when the bank’s net sales reached $34.2 billion and €4.1 billion.

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