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

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.

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.

[Source: Itar Tass, Moscow, 18Dec14]

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small logoThis document has been published on 19Dec14 by the Equipo Nizkor and Derechos Human Rights. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.