6 Jun 2012 10:35

CBR currency interventions total about $203 mln on Wednesday

MOSCOW. June 6. (Interfax) - The Central Bank of Russia (CBR) sold 6.76 billion rubles worth of currency, or around $203 million, on Wednesday, according to CBR data.

On Tuesday, currency interventions on the domestic forex market were also worth 6.76 billion rubles, or about $200 million.

Over the last three working days (from Friday to Tuesday), the CBR has sold around $600 million, CBR Chairman Sergei Ignatyev said at the International Banking Congress in St. Petersburg.

CBR interventions facilitated a continuing decline in the dollar and euro on the MICEX on Wednesday morning. The dollar was down by about 25 kopecks to 32.75 rubles/$1, and the euro dropped by over 15 kopecks to 41 rubles/EUR1. The bi-currency basket ($0.55 and EUR0.45) dropped 17 kopecks to 36.5 rubles.