Central Bank of Russia raises 1.4 trillion rubles in one-day deposit auction

On March 29, 2021, the Russian national flag will fly over the Central Bank headquarters in Moscow, Russia. (Maxim Shemetov / Reuters)

The Russian central bank said on Monday that it had raised 1.4 trillion rubles ($ 12.44 billion) in a “fine-tuning” deposit auction on the 1st.

Early on Monday, banks provided banks with 2.1 trillion rubles in a one-day repo auction as they sought to help lenders manage liquidity.

($ 1 = 112.5470 rubles)