Russian Central Bank Raises 1.4 Trillion Roubles at 1-day Deposit Auction

Russian Central Bank Raises 1.4 Trillion Roubles at 1-day Deposit Auction
A Russian state flag flies over the Central Bank headquarters in Moscow, Russia, on March 29, 2021. (Maxim Shemetov/Reuters)
Reuters
3/14/2022
Updated:
3/14/2022

Russia’s central bank on Monday said it had raised 1.4 trillion roubles ($12.44 billion) at one-day “fine-tuning” deposit auction.

The bank earlier on Monday provided banks with 2.1 trillion roubles at a one-day repo auction, as it seeks to help lending institutions manage their liquidity.

($1 = 112.5470 roubles)