Parameters of FX Policy Mechanism (to 5 November 2014)
Borders of the Bank of Russia floating operational band (as of the end of the day) and the width of the internal ranges, roubles
| Date | lower border | purchases range | purchases range | "neutral" range | sales range | "technical" range | sales range | upper border |
|---|---|---|---|---|---|---|---|---|
| 31.10.2014 | 39.55 | 0.95 | 1 | 5 | 1 | 0.1 | 0.95 | 48.55 |
| 30.10.2014 | 39.55 | 0.95 | 1 | 5 | 1 | 0.1 | 0.95 | 48.55 |
| 29.10.2014 | 39.20 | 0.95 | 1 | 5 | 1 | 0.1 | 0.95 | 48.20 |
| 28.10.2014 | 38.80 | 0.95 | 1 | 5 | 1 | 0.1 | 0.95 | 47.80 |
| 27.10.2014 | 38.40 | 0.95 | 1 | 5 | 1 | 0.1 | 0.95 | 47.40 |
| 24.10.2014 | 38.05 | 0.95 | 1 | 5 | 1 | 0.1 | 0.95 | 47.05 |
Parameters of operations in the domestic FX market
| Date | The volume of FX interventions, aimed at smoothing the volatility of the rouble exchange rate*, millions of US dollars per day | The volume of target FX interventions*, millions of US dollars per day | The cumulative volume of FX interventions (excluding target interventions), which triggers the automatic adjustment of the borders**, millions of US dollars | The volume of operations related to the Federal Treasury's operations of accumulating (spending) Russia's sovereign funds in foreign currencies*, millions of US dollars per day | |||||
|---|---|---|---|---|---|---|---|---|---|
| purchases range | purchases range | "neutral" range, "technical" range | sales range | sales range | purchases range | sales range | |||
| 31.10.2014 | 0 | 0 | — | 0 | 0 | 0 | 0 | 350 | — |
| 30.10.2014 | 0 | 0 | — | 0 | 0 | 0 | 0 | 350 | — |
| 29.10.2014 | 0 | 0 | — | 0 | 0 | 0 | 0 | 350 | — |
* «+» - the Bank of Russia FX purchases, «-» - the Bank of Russia FX sales.
** When the cumulative volume of FX purchases (sales) reaches the set level the boundaries shift automatically down (up) by 5 kopecks.
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Last updated on: 31.10.2014