Source Pravda.Ru

Bank of Russia sells $1bn in one day

On January 27, the Bank of Russia entered the currency market with interventions, and its sales amounted to one billion dollars.

According to experts, the Central Bank began to actively intervene in currency trading from the beginning of yesterday's trading session. According to currency dealers, the national regulator launched unlimited accumulation interventions. In connection with the intervention of the Bank of Russia, the trading volume of U.S. currency with "tomorrow" made up $7.5 billion, twice the average volume in December.

This week, the dollar and the euro rose sharply in Russia. Russian authorities deny accusations of deliberate devaluation of the ruble. Economic Development Minister Alexei Ulyukaev said that the weakening of the ruble was a "working point" that fitted well into the global trend, characteristic of developing countries.

Elvira Nabiullina, the head of the Central Bank, said January 27 that it was not the ruble that was losing value, but the euro and the dollar were growing against the currencies of developing countries.

 

 

The answer to the question of Russia's retaliation to USA's sanctions is becoming clear. It goes about the bill that Russian MPs have been working on lately. It has become known how exactly Russia may response. To be more precise, it goes about two issues - limiting cooperation in outer space and stopping the supplies of Russian spare parts for Boeing

USA knows: If Russia responds to sanctions, she may fall into a toilet

The answer to the question of Russia's retaliation to USA's sanctions is becoming clear. It goes about the bill that Russian MPs have been working on lately. It has become known how exactly Russia may response. To be more precise, it goes about two issues - limiting cooperation in outer space and stopping the supplies of Russian spare parts for Boeing

USA knows: If Russia responds to sanctions, she may fall into a toilet
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