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Russia central bank lowers rate on currency swaps to stabilise short ...

Story date: 2007-10-11 07:28:00
Added on: 2007-10-11 11:00:28


Forbes - MOSCOW (Thomson Financial) - Russia's central bank lowered the interest rate on roubles used to carry out currency swap transactions to an annual 8 pct from 10 pct, effective today, in an effort to stabilise short-term rates on the currency market ...


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