Russia's Central Bank May Buy Canadian Dollars in `Several Weeks,' KP Says

Russia’s central bank may begin investing its reserves in Canadian dollars in “several weeks,” First Deputy Chairman Alexei Ulyukayev said in an interview with Komsomolskaya Pravda.

Asked if Bank Rossii was buying Canadian dollars, Ulyukayev said the central bank is “finishing up some technical issues, but it’s a matter of several weeks,” the Moscow-based newspaper reported yesterday.

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