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Russia’s Central Bank says no foreign currency interventions conducted on Dec. 16

December 18, 2014, 11:28 UTC+3 MOSCOW

Russian parliament will consider bill to add $17 billion to banks’ capital

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Russia’s Central Bank

Russia’s Central Bank

© Vyacheslav Prokofyev/TASS

MOSCOW, December 18. /TASS/. The Bank of Russia carried out no foreign currency interventions on December 16, the regulator said on its website on Thursday.

At the end of trading on the Moscow stock exchange on December 16, the ruble fell by 7.95 against the US dollar to 67.5 and by 10.24 against the euro to 85.15.

In the course of trading on Tuesday, the dollar price rose to 80.01 rubles and the euro to 100.74.

Russia’s parliament to consider bill to add $17 bln to banks’ capital

The State Duma, the lower house of Russia’s parliament, will consider a bill on Friday to recapitalize Russian banks by 1 trillion rubles ($17 billion), Duma First Vice-Speaker Ivan Melnikov said.

The bill was submitted by the Russian government as part of measures to stabilize the domestic financial system.

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