(Before It's News)
In its latest effort to counter financial instability – and show its commitment to maintaining order and support for the economy – Russia's Central Bank (CBR) has unveiled 7 new measures… Ranging from bank recaps to measures aimed at helping manage interest-rate and credit risks, the reaction in the Ruble is positive for now… as perhaps, taking a lesson from the US, The CBRremoves Mark-to-Market accounting for various credit instruments …. http://www.zerohedge.com
Source:
http://luismmx.blogspot.com/2014/12/russian-central-bank-releases-7.html