Bank of England halts publishing exchange rates for tumbling rouble
An adjacent building throws a shadow accross the Bank of England in the City of London, Britain, December 12, 2017. REUTERS/Clodagh Kilcoyne
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LONDON, March 3 (Reuters) - The Bank of England said on Thursday it would cease publishing the rouble's exchange rate against sterling and the U.S. dollar with immediate effect after the Russian currency slumped to a record low.
"In current market conditions it is not possible to publish rates that are representative of the prevailing interbank market," the BoE said in a statement. "Publication of these exchange rates is suspended until further notice."
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Writing by William Schomberg; Editing by Kate Holton
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