Tuesday, September 16, 2014   

Russia backed rouble with US$11.3b
(03-05 15:23)

Russia sold a record US$11.3 billion in foreign currency to support the rouble on March 3, the so called “Black Monday'' when the currency came under unprecedented pressure due to concerns about conflict in Ukraine, central bank data show.
The Russian central bank sold foreign currency to buy rubles and prevent the Russian currency from falling further, after the market reacted with panic to parliamentary approval for President Vladimir Putin's request to allow military action in Ukraine.—AFP
   
Other Business breaking news:
German investor optimism down on concerns of Ukraine, Scotland (1 hr 7 mins ago)
UK inflation slows in August (2 hrs ago)
Japan, China, SKorea finance chiefs to hold talks this week (2 hrs 29 mins ago)
Hang Seng ends lower in shortened trade (09-16 16:19)
European stocks markets down at open (09-16 15:27)
Nikkei ends lower (09-16 14:26)
China's overseas investment soars as FDI drops again (09-16 11:46)
Tools available to remove U2 album from iTunes (09-16 10:57)
Nikkei down by break (09-16 10:49)
Bank of China to clear yuan transactions in Paris (09-15 18:28)

More breaking news >>

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