Forex

Russian central bank increases daily dollar offer via forex swap to $5 billion By Reuters


© Reuters. FILE PHOTO: Individuals stroll previous the Central Financial institution headquarters in Moscow, Russia February 11, 2019. REUTERS/Maxim Shemetov

MOSCOW (Reuters) – The Russian central financial institution elevated day by day {dollars} supplied through overseas alternate swap operations with banks to $5 billion from $3 billion, it stated on Thursday, as Moscow ordered forces to invade Ukraine.

A senior U.S. administration official instructed reporters on Tuesday that Sberbank and No. 2 lender VTB would face U.S. sanctions if Moscow proceeded with its invasion of Ukraine, warning that no Russian monetary establishments had been protected.

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