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Bank of Russia Buys $181 Million to Start Rebuilding Reserves

The Bank of Russia made its first foreign-currency purchases after an almost yearlong hiatus.

The central bank bought $181 million in the market on Wednesday, according to its website. That’s the first time the Bank of Russia has sold rubles since June. The bank plans to buy $100 million to $200 million daily to replenish its international reserves, policy makers said Thursday.