27 Sep 2011 17:54

CBR not intending to change forex corridor boundaries in next weeks, ceiling - 37.50 rubles - Ignatyev

MOSCOW. Sept 27 (Interfax) - The Central Bank of Russia is not planning to amend the boundaries of the currency basket corridor, Bank Chairman Sergei Ignatyev said at a briefing on Tuesday.

The corridor ceiling is 37.50 rubles, the floor - 32.50 rubles.

"The corridor is very much to my liking: the span is five rubles, the corridor ceiling is now 37.50 [rubles]," Ignatyev said. As a result, the floor now comes to 32.5 rubles.

Ignatyev added that he is satisfied with the corridor as a mechanism along with its mobility.

"I wouldn't want to change anything about its parameters now. My colleagues and I don't want to change much in the coming weeks," he said.