Date: 7 days ago   Category: Finance

The Central Bank has prolonged suspension of purchase of foreign currency until the end of 2018 — Rambler News Service


The Central Bank has prolonged suspension of purchase of foreign currency until the end of 2018
Photo: Anton of Denisov/RIA Novosti of the Central Bank has prolonged suspension of purchase of foreign currency in domestic market until the end of 2018, the press service of the regulator reports. "The Bank of Russia has made the decision to prolong suspension of purchase of foreign currency in domestic market within realization of the mechanism of the budgetary rule until the end of December, 2018" — it is said in the statement. The regulator notes that it about the decision on renewal of regular purchases of foreign currency "will be accepted taking into account the actual situation in the financial markets". Besides, the decision on the purchases of currency postponed in the current year will be made after renewal of regular purchases. The Central Bank has noted that the postponed purchases can be carried out in 2019 and in the next years. "This decision is made for increase in predictability of actions of the monetary authorities and decrease in volatility of the financial markets" — have added in the Bank of Russia.

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