Russian c.bank increases daily limit on euro-rouble forex swaps to 3.5 bln euros

A Russian state flag flies over the Central Financial institution headquarters in Moscow, Russia March 29, 2021. An indication reads: “Financial institution of Russia”. REUTERS/Maxim Shemetov

MOSCOW, Feb 25 (Reuters) – The Russian central financial institution elevated the day by day restrict for its international change swap operations in euros to three.5 billion euros from 2 billion euros, it stated on Friday, additional rising liquidity provide after a few of its high banks have been hit by U.S. sanctions.

Reporting by Elena Fabrichnaya
Writing by Katya Golubkova; Enhancing by Kirsten Donovan

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