The size of the liquidity absorption on its operations with banks in the period from 11 to 17 November will amount to 693 billion rubles, follows from the forecast published on the website of the Central Bank.
MOSCOW, 10 Nov. The Bank of Russia in the period from 11 to 17 November is expected to be given by the government of liquidity to the banking sector by 80 billion rubles, follows from the forecast published on the website of the Central Bank.
For this sum it will be reduced balances of the enlarged government with the Bank of Russia. In the previous reporting week, the government, according to the Central Bank, provided liquidity to the banking sector to 347 billion rubles.
Simultaneously the Bank of Russia estimates the size of liquidity absorption on its operations with banks in the coming period to 693 billion. The increase in the volume of cash in circulation will increase the liquidity of the banking sector at 88 billion rubles. Regulation of the Bank of Russia required reserves of banks will not affect liquidity.
With regard to the gap between demand and supply of Bank liquidity, the Central Bank has set limits on market operations to provide liquidity for a period of one week (10 November) in the amount of 770 billion rubles.
The Bank of Russia from December 2012 began to publish on Tuesdays, the forecast factors of liquidity for the week in order to improve the transparency of its activities and to enhance the awareness of market participants about the operating procedure of monetary policy.