Bank of Russia Holds Fire on Interventions as Ruble Plummets

  • Ruble is close to `fundamental levels,' central bank head says
  • Finance minister says Bank of Russia `executing smart policy'

Ruble Low Good for Commodity Companies: Deripaska

The Russian central bank won’t intervene in the currency market unless the ruble’s swings threaten financial stability, Governor Elvira Nabiullina said after the currency slumped to a record.

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