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CBR Ready to Act – CBR’s Yudaeva
First Deputy Governor of the Central Bank of Russia Ksenia Yudaeva has reiterated the central bank’s readiness to intervene in the FX markets in case of financial instability.
She added that those interventions could be carried out without previous notice.
USD/RUB is up nearly 1% around 65.30 backed by a bid tone around the dollar and crude oil prices deflating from previous YTD highs.