Russia’s central bank says Monday’s buyout auction will have no limit By Reuters

© Reuters. FILE PHOTO: People walk past the headquarters of the Central Bank in Moscow, Russia February 11, 2019. REUTERS/Maxim Shemetov/File Photo

MOSCOW (Reuters) – Russia’s central bank said on Sunday there would be no limit at a “fine-tuning” auction it plans to hold on Monday and added that the banking system remains stable after a series of new sanctions aimed at Russian financial institutions.

The central bank said bank cards were working normally and customer funds could be viewed at any time. He said it would greatly expand the range of securities that can be used as collateral to secure central bank loans.

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