Russia’s finance ministry is expected to increase purchases of foreign currency in February to a record high as oil prices rise, according to a Reuters poll.
Reuters: Russia to increase FX purchases in February as oil prices rise
OAO Sberbank, Russia`s biggest lender, had its first drop in retail deposits since May last month, while the premium to swap rubles for dollars climbed to a record at the end of last week, data compiled by Bloomberg show.
