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Russian central bank sells 1 billion roubles at one-year repo auction

FILE PHOTO: Policeman stands guard at main entrance to Bank of Russia in Moscow

MOSCOW (Reuters) - The Russian central bank said on Monday it had provided banks with 1 billion roubles ($17.64 million) at a one-year repo auction, as it seeks to help lending institutions manage their liquidity.

The central bank will hold a one-month repo auction later on Monday, with the limit for both auctions set at 100 billion roubles.

($1 = 56.7000 roubles)

(Reporting by Reuters)

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