Reduced standard on the balance of the Treasury Account will not affect the exchange rate

28 February 2014, Friday
Reducing the regulatory value of balances on the account of the Treasury of the Russian Federation from the current 600 to 200 billion will not affect the rate of the ruble, believes Russia's finance minister Anton Siluanov. 

The Finance Ministry proposes to limit the amount of available funds in the accounts of the Treasury, necessary to fulfill the obligations of the budget, 200 billion rubles, and the rest is placed in bank accounts. 

This measure, according to the minister, was agreed with the Central Bank. "The Central Bank is interested in the current environment to the Ministry of Finance is more involved in the market offers rubles," - said Siluanov.
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