Russian central bank to unrestricted funding “Financial system is stable” | Reuters

On February 27, the Central Bank of Russia announced that it would carry out operations (open market operations) on the 28th without any restrictions on the amount of funding. The photo is the Russian central bank in Moscow. Taken in February 2019 (2022 Archyde.com / Maxim Shemetov)

[Moscow 27th Archyde.com]–The Central Bank of Russia has announced that it will carry out operations (open market operations) on the 27th and 28th without any restrictions on the amount of funding. He said the banking system remained stable after new sanctions on domestic financial institutions were announced.

The central bank explained that bank cash cards can be used as usual and cash can be withdrawn at any time. He also stated that banks would relax the requirements for collateral to be inserted when using the central bank’s fund lending system and expand the scope.