Support The Moscow Times!

Russia's Central Bank Doesn't Intervene to Defend Ruble

Russia's Central Bank said Friday it had conducted no forex interventions on Oct. 22.

The Central Bank releases its interventions data with a two-day time lag. Under its exchange rate policy the bank conducts interventions when the ruble reaches the edge of a floating corridor against a dollar-euro basket.

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.


Read more