Flies into the abyss: the Central Bank of Russia refused to save the ruble

The exchange rate of the Russian ruble in the Russian Federation did not want to hold back.

The Central Bank of the Russian Federation did not want to save the ruble exchange rate / REUTERS illustrationThe Central Bank of the Russian Federation did not want to save the ruble exchange rate / REUTERS illustration

The Central Bank of Russia does not carry out foreign exchange interventions to support the exchange rate of the Russian ruble .

This was announced by the chairman of the Central Bank of the aggressor country Elvira Nabiullina during a briefing.

“On Thursday and Friday, the Bank of Russia carried out foreign exchange interventions. On Thursday – in the amount of $ 1 billion, and in a smaller volume – on Friday. Due to the restriction on the use of gold and foreign exchange reserves in dollars and euros, we did not intervene today. The government introduced a decision on the mandatory sale of 80% of foreign exchange earnings,” she said.

Recall that on February 28, the exchange rate of the Russian ruble reached a historic low, crossing the mark of 100 rubles for 1 dollar.

(C)UNIAN 2022

3 comments

  1. So, will mafia land use bat virus land money?
    Better yet, I have Monopoly money that I could sell them for some of their gold reserves..

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