The CBR on June 17, has reduced the Volume of interventions that lead to the shift of the currency corridor at 5 cents, to $ 1 billion to 1, 5 billion, according to a report of the regulator.

The Central Bank has adjusted the mechanism of exchange rate policy in March in response to a sharp decrease of the ruble following the aggravation of the situation in Ukraine. In addition, the regulator noted that saves the plans of transition to a floating exchange rate. The head of the Central Bank Elvira Nabiullina said on the first day of the week that the situation on the currency market more stabilized and the ruble is placed in a neutral corridor, but risks to financial stability are preserved.

The volume of foreign exchange interventions to smoothing the volatility of the ruble exchange rate in the internal floating ranges operating interval, the second time in a month reduced by 100 million dollars.

The CB indicates that as a result of this adjustment in the floating operational interval width of the range, in which he makes the foreign exchange interventions to smoothing the volatility of the ruble exchange rate increased to 5, 1 3, 1 rouble (including " technical " range).

The total width of the floating operational interval of admissible values of the rouble value of the currency basket - 7 roubles - has not changed.

" taking into account that now the cost of the currency basket is a " neutral " floating range operating range (in which there are interventions aimed at smoothing the volatility), the decision will not have a significant impact on the current dynamics of the ruble, " adds the CBR.

sections: Politics