Oct. 6 (Bloomberg) -- Russia’s central bank is ready to provide “a lot” of liquidity if needed, First Deputy Chairman Alexei Ulyukayev said today in an interview with Bloomberg Television in Moscow.
Ulyukayev said the bank sought to stem the ruble’s volatility and not defend the currency with $8 billion of sales last month on the domestic market. More interventions are “possible but not most probable” as pressure on the ruble goes down, Ulyukayev said.
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