Russian central bank scales back FX intervention as oil recovers
15 May 2020
Reuters UK
![Russian central bank scales back FX intervention as oil recovers](/thumb/phpThumb.php?src=%2Fuploads%2Fnews%2F10%2F1069%2F6%2F1069607-russian-central-bank-scales-back-fx-intervention-as-oil-recovers.jpg&w=750&hash=4634540e42ab154f90c93e3f89e99b47)
Russia's central bank has reduced the amount of foreign currency it sells on the market to support the rouble as the price of oil - a key export - has risen, data showed on Friday.