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http://www.themoscowtimes.com/2022/01/24/russias-central-bank-steps-in-to-halt-trade-as-russian-markets-in-freefall-a76130


Russia¡¯s Central Bank typically buys foreign currency using the proceeds of Russia¡¯s oil and gas exports. This so-called ¡°fiscal rule¡± is designed to reduce the currency¡¯s volatility in response to swings in the value of global commodities a previous weakness which had accentuated economic pressures during periods of turmoil.


·¯½Ã¾Æ Áß¾ÓÀºÇàÀº ÀüÇüÀûÀ¸·Î ·¯½Ã¾ÆÀÇ ¼®À¯¿Í °¡½º ¼öÃâ´ë±ÝÀ» ÀÌ¿ëÇØ ¿ÜÈ­¸¦ ±¸ÀÔÇÑ´Ù. ¼ÒÀ§ "ÀçÁ¤Àû ±ÔÄ¢"À̶ó°í ºÒ¸®´Â ÀÌ ±ÔÄ¢Àº È¥¶õ±â µ¿¾È °æÁ¦Àû ¾Ð·ÂÀ» °­Á¶Çß´ø ÀÌÀüÀÇ ¾àÁ¡ÀÎ ¼¼°è »óǰ °¡Ä¡ÀÇ º¯µ¿¿¡ ´ëÀÀÇÏ¿© ÅëÈ­ÀÇ º¯µ¿¼ºÀ» ÁÙÀ̱â À§ÇØ °í¾ÈµÇ¾ú´Ù.


It mandates Russia to convert cash from oil sales into foreign currency by selling rubles when global oil prices are above a benchmark level of around $44 a barrel. Oil is currently trading at around $88, meaning the Central Bank has been selling significant amounts of rubles in recent days accentuating the pressure on the currency stoked by fears of a Russian invasion of Ukraine, analysts say.


±¹Á¦ À¯°¡°¡ ¹è·²´ç 44´Þ·¯ ¼öÁØ ÀÌ»óÀÏ ¶§ ·çºíÀ» ÆÈ¾Æ ·¯½Ã¾Æ¿¡ ¼®À¯ ÆÇ¸Å¿¡¼­ ³ª¿À´Â Çö±ÝÀ» ¿ÜÈ­·Î ÀüȯÇϵµ·Ï Àǹ«È­Çϰí ÀÖ´Ù. ¼®À¯´Â ÇöÀç ¾à 88´Þ·¯¿¡ °Å·¡µÇ°í Àִµ¥ ÀÌ´Â Áß¾ÓÀºÇàÀÌ ÃÖ±Ù ¸îÀϰ£ »ó´çÇÑ ¾çÀÇ ·çºíÀ» ÆÇ¸ÅÇϰí ÀÖ´Ù´Â °ÍÀ» ÀǹÌÇϸç, ÀÌ´Â ·¯½Ã¾ÆÀÇ ¿ìÅ©¶óÀ̳ª ħ°ø ¿ì·Á·Î ¾ß±âµÈ ÅëÈ­¿¡ ´ëÇÑ ¾Ð·ÂÀ» °­Á¶ÇÑ´Ù°í ºÐ¼®°¡µéÀº ¸»ÇÑ´Ù.


The Russian currency immediately gained, dipping below 79 against the dollar in response to the announcement.


·¯½Ã¾Æ ÅëÈ­´Â Áï½Ã »ó½ÂÇØ ´Þ·¯ ´ëºñ 79´Þ·¯ ¾Æ·¡·Î ¶³¾îÁ³´Ù.


 
   

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