- say it is selling residual FX from its accounts
- says rouble is highly undervalued
- USDRUB sharply lower to 62.48 before bouncing to 64.80 currently
No doubt the reason for the original drop from 70 that I reported so expect some buyers down here. Intervention/fx sales ( as they term it) adds up to the same thing.
No further detail from their statement on amounts or currencies being used at this time
USDJPY has rallied again to test the offers at 117.50 but back to 117.30
