Banks have to constrain currency positions

Central bank Russian Federation (Bank Russia) will not prolong ease on non-compliance with limits of an open currency position in euro about what ARB asked. According to bankers, the main problems were connected with the frozen assets because of sanctions of EU concerning NON-COMMERCIAL ORGANIZATION JOINT-STOCK COMPANY NRD. However now they can be reflected in rubles, because of what extension of eases not so actually. Photo: Shchelkunov Gleb, newspaper "Kommersant" Central bank Russian Federation (Bank Russia) refused to the credit organizations, proposed to prolong for a year of ease regarding non-compliance with limits on the open currency position (OCP) in euro. Answer...