Russia c.bank further cuts Fannie/Freddie holding

Wed Nov 19, 2008 3:45am EST
 
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MOSCOW, Nov 19 (Reuters) - Russia cut its holdings in securities of U.S. agencies Fannie Mae (FNM.N) and Freddie Mac (FRE.N) to $20.9 billion as of Nov.1 from $65.6 billion at the beginning of 2008, central bank chairman Sergei Ignatyev said on Wednesday. (Reporting by Yelena Fabrichnaya, writing by Dmitry Zhdannikov; editing by Melissa Akin)

 

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