On the maximum allotment amount on fine-tuning operation to provide liquidity

The Bank of Russia will conduct a fine-tuning operation on 25 November 2014 against the background of demand for the banking sector liquidity significantly exceeding its supply due to tax payments. The allotment amount is set at 200 billion rubles under the conservative approach to the provision of banking sector liquidity which is aimed at limiting speculative activity and stabilizing the FX market conditions.

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