KM Financial Solutions | UPDATE 2-Banks ignore Russia’s first month-long liquidity auction in seven years
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UPDATE 2-Banks ignore Russia’s first month-long liquidity auction in seven years

UPDATE 2-Banks ignore Russia’s first month-long liquidity auction in seven years

Banks mostly ignored the Russian
central bank’s first month-long liquidity auction in many years
on Monday, preferring funds with shorter maturity in what the
central bank described as evidence there is adequate liquidity
in the system.

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