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to one major Russian bank’s long positions in hryvnia and in gold. 63 In the rouble equivalent. 39 BANK OF RUSSIA II.3. Liquidity

Russia Loans Secured by Gold, Assets and Guarantees (% p.a.) Fixed term rate on the loans secured by Period of validity gold for the term

6.50 REPO 12 months1 7.75 8.00 Loans secured by gold Up to 90 days 6.75 7.00 From 91 to 180

of Russia Loans Secured by Gold, Assets and Guarantees Fixed term rate on the loans secured by, % Period of validity gold for the term assets

30 days1 6.25 REPO 12 months1 7.75 Loans secured by gold Up to 90 days 6.75 From 91 to 180 days 7.

of Russia Loans Secured by Gold, Assets and Guarantees Fixed term rate on the loans secured by, % Period of validity gold for the term assets

30 days1 6.25 REPO 12 months1 7.75 Loans secured by gold Up to 90 days 6.75 From 91 to 180 days 7.

6 0.93 Table 1.12 Data on replacement of old money with 1997 currency old money withdrawn 1997 currency issued Date 1 billion rubles

errors and omissions, for the reporting quarter, year 4. International reserves: monetary gold, foreign exchange, Special Drawing Rights 7.12.1999 10.01.2000 7.

of the reporting date. Monetary gold is valued at US $300 per troy ounce. 2 From August 1, 1998, the gold in metallic accounts is