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Sputnik — Bank of Russia Won’t Buy Foreign Currency Until Year’s End – Deputy Governo

Summary:
The Bank of Russia not going to resume purchasing foreign currency on behalf of the Russian Finance Ministry even if the there is a decrease in volatility in the foreign exchange market, First Deputy Governor Ksenia Yudaeva said on Thursday.... De-dollarization continues. Sputnik International Bank of Russia Won't Buy Foreign Currency Until Year’s End – Deputy Governor

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The Bank of Russia not going to resume purchasing foreign currency on behalf of the Russian Finance Ministry even if the there is a decrease in volatility in the foreign exchange market, First Deputy Governor Ksenia Yudaeva said on Thursday....
De-dollarization continues.

Sputnik International
Bank of Russia Won't Buy Foreign Currency Until Year’s End – Deputy Governor

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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