About 40 Arctic projects may be in Russia's Yamal backbone zone — governorBusiness & Economy February 27, 19:28
Russian Defense Ministry forms special purpose division near MoscowMilitary & Defense February 27, 19:13
Russian frigate in Mediterranean to deliver no strikes on terrorists in Syria — sourceMilitary & Defense February 27, 18:54
First stage of Arkhangelsk deepwater port to go operational by 2025Business & Economy February 27, 18:45
Cairo group says military option in Syria 'ruled out' after recapture of AleppoWorld February 27, 18:31
Communication breakdown between Russia and EU deters fight against real threats — MPRussian Politics & Diplomacy February 27, 17:40
Medvedev says Russia should not rely on anybody’s helpRussian Politics & Diplomacy February 27, 17:09
Russian Bandy Federation cancels match results after two teams score 20 own-goalsSport February 27, 17:06
Russia’s 2017 grain export may not meet 40 mln tonnes target — agriculture ministerBusiness & Economy February 27, 17:04
MOSCOW, February 2, /TASS/ The Bank of Russia sold $5 million through the Finance Ministry on January 29, according to the website of the regulator.
However, the Bank of Russia itself did not hold any foreign exchange interventions to smooth the exchange rate fluctuation.
Prior to January 29, the bank did not sell any currency through the Finance Ministry.
The Russian currency came under strong pressure in Moscow trade on Friday, falling past the psychologically important level of 70 rubles to the dollar after the regulator unexpectedly took a decision to cut the key rate to 15%. The regulator’s decision did not coincide with a consensus forecast of analysts and bankers who expected the key rate to stay unchanged amid persistently high inflationary and devaluation expectations.
On Monday the dollar rose against the ruble by 13 kopecks to 69.04, euro rose by 67 kopecks to 78.64 rubles, at the opening of the Moscow Stock Exchange.