Bloomberg News

Russia Central Bank May Leave Reserve Requirements Unchanged

October 21, 2011

Oct. 21 (Bloomberg) -- Russia’s central bank may leave reserve requirements for lenders unchanged, according to Alexei Simanovsky, the deputy chairman responsible for bank oversight.

“As of today, I don’t see the necessity of changing reserve requirements,” Simanovsky told reporters today in Moscow. He declined to comment on possible decisions at the regulator’s Oct. 28 meeting.

To contact the reporter on this story: Artyom Danielyan in Moscow at adanielyan@bloomberg.net

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net


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