OREANDA-NEWS. Considering the developments in the domestic FX market the Bank of Russia decided to set the following minimum interest rates from 30 March 2015:
- minimum interest rates at FX repo auctions for all terms equal to LIBOR rates in corresponding currencies and for the comparable terms plus 1.00 percentage point (until 30 March - by 0.5 percentage points);
- minimum interest rates at auctions to provide loans in foreign currency secured by the pledge of claims on loans in foreign currency for all terms equal to LIBOR rates in corresponding currencies and for the comparable terms plus 1.25 percentage point (until 30 March - by 0.75 percentage points).