Central Bank Shifts Russian Ruble Trading Band by 40 Kopeks

Russia's Central Bank said Wednesday it had shifted the boundaries of its floating ruble corridor by 40 kopeks a day earlier, following market interventions to curb the pace of the currency's decline.

As of Oct. 28, the ruble's new trading band extended from 38.80 to 47.80 against a dollar-euro basket, compared with 38.40 to 47.40 previously.

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