The Central Bank of the Russian Federation will check the sharp rise in the ruble exchange rate on the Moscow Exchange on October 30

The Bank of Russia began analyzing foreign exchange trading on the Moscow Exchange on October 30, which, according to the regulator, was "non-standard".

The Central Bank of the Russian Federation reminded that it constantly monitors the course of exchange trading. Non-standard situations are subject to a preliminary analysis to identify signs of manipulation or insider trading.

The dynamics of the dollar exchange rate in the foreign exchange market on October 30, 2014 is of a non-standard nature, in connection with which the Bank of Russia began to conduct such an analysis. Based on its results, a decision will be made on the validity of the start of the investigation.

TASS

• On October 30, after 13:00 Moscow time, the ruble on the Moscow Exchange began to grow sharply. The exchange rate of the ruble rose from 43.66 to 41 rubles against the dollar, and from 55.5 to 52.2 rubles against the euro. By 16.00 the exchange rates had stabilized at the level of 42.1 rubles. per dollar and 53 rubles. for the euro.
• Reuters then, citing traders, reported that the Moscow Exchange had responded to media reports that Russia and Ukraine had reached a secret agreement on Crimea. At the same time, other market participants linked the rally on the Moscow Exchange to the fact that some unknown participant put up $3 billion for auction. At the same time, there were suggestions that this unknown participant was either the Central Bank of Russia itself, or some company acting on its orders.