November 11, 2014 / 1:37 PM / 5 years ago

Ruble trims losses after central bank limits ruble liquidity via FX swaps

MOSCOW (Reuters) - The ruble trimmed losses on Tuesday afternoon after the central bank said it was limiting banking-sector rouble liquidity by temporarily cutting the size of its foreign exchange swap operations.

At 0622 EDT, the ruble was down around 1.3 percent versus the dollar at 46.41 RUBUTSTN=MCX, strengthening by almost 1 percent after the central bank move, which is aimed at helping the currency market stabilize.

Reporting by Alexander Winning and Lidia Kelly, editing by Jason Bush

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