AUTOREFRESH 
Russia FinMin Kudrin: Current rouble exchange rate is justified
- Given current oil prices, rouble trend will be rouble appreciation
Meanwhile Russia Central Bank moves rouble floating trading band second time to 34.10 vs basket after buying another $700 mln.
Russia CBank moves rouble floating trading band to 34.15 vs basket after buying $700 mln- Dealers
Another day, another $700 mln.
Russia CBank moves floating rouble band boundary to 34.25 vs basket from 34.30
After buying around $700 mln.
Russian CBank shifts floating rouble band boundary to 34.30 vs basket from 34.35
After buying $700 mln.
Russia CBank shifts floating rouble boundary to 34.45 vs basket
After buying at least $700 mln according to dealers. Some of those dollars will no doubt turn into euros.
EUR/USD has extended rally back to 1.3610 at writing.
EUR/USD recovers after early dip; sovereign buying seen
EUR/USD back up at 1.3622 having dipped to session low 1.3597 earlier. Russia and BIS have both been seen buying. Sell orders tipped up at 1.3640/50.
Russian CBank shifts lower bondary of rouble band to 34.55 vs basket
After buying $700 mln, traders report.
EUR/USD ticks higher
Reports of various sovereigns buying EUR/USD, including Russia and Asian central bank. We’ve ticked up to 1.3485.
Russia cuts rates
Russian central bank has cut benchmark refi rate to 8.5% from 8.75%
Bank wants to stimulate lending and try to limit short-term foreign capital inflows.
Next rates meeting in March. Further rate cuts to depend on inflation, economy, financial market.
Russia can add Canadian dollar to reserves in several months -CBank’s Ulyukayev
Russia could add the Canadian dollar to reserves in the next few months, but its share will be insignificant according to Russian central bank deputy chairman Alexei Ulyukayev.
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