Russian central bank sets limit on overnight forex swap operations at $10 billion for Dec. 22
MOSCOW (Reuters) - The Russian central bank said on Monday it had set a limit for its overnight forex swap operations at $10 billion for Dec. 22 to alleviate a shortage of rubles in the money market.
The bank said a week ago that it would extend the limit on forex swap operations to an equivalent of $2 billion a day for Dec. 15-21, but on Friday it said it was increasing that limit to $10 billion.
(Reporting by Polina Devitt; Writing by Lidia Kelly; Editing by Katya Golubkova)
