http://www.themoscowtimes.com/2022/01/24/russias-central-bank-steps-in-to-halt-trade-as-russian-markets-in-freefall-a76130
Russia¡¯s Central Bank typically buys foreign currency using the proceeds of Russia¡¯s oil and gas exports. This so-called ¡°fiscal rule¡± is designed to reduce the currency¡¯s volatility in response to swings in the value of global commodities ? a previous weakness which had accentuated economic pressures during periods of turmoil.
·¯½Ã¾Æ Áß¾ÓÀºÇàÀº ÀüÇüÀûÀ¸·Î ·¯½Ã¾ÆÀÇ ¼®À¯¿Í °¡½º ¼öÃâ´ë±ÝÀ» ÀÌ¿ëÇØ ¿Üȸ¦ ±¸ÀÔÇÑ´Ù. ¼ÒÀ§ "ÀçÁ¤Àû ±ÔÄ¢"À̶ó°í ºÒ¸®´Â ÀÌ ±ÔÄ¢Àº È¥¶õ±â µ¿¾È °æÁ¦Àû ¾Ð·ÂÀ» °Á¶Çß´ø ÀÌÀüÀÇ ¾àÁ¡ÀÎ ¼¼°è »óÇ° °¡Ä¡ÀÇ º¯µ¿¿¡ ´ëÀÀÇÏ¿© ÅëÈÀÇ º¯µ¿¼ºÀ» ÁÙÀ̱â À§ÇØ °í¾ÈµÇ¾ú´Ù.
It mandates Russia to convert cash from oil sales into foreign currency by selling rubles when global oil prices are above a benchmark level of around $44 a barrel. Oil is currently trading at around $88, meaning the Central Bank has been selling significant amounts of rubles in recent days ? accentuating the pressure on the currency stoked by fears of a Russian invasion of Ukraine, analysts say.
±¹Á¦ À¯°¡°¡ ¹è·²´ç 44´Þ·¯ ¼öÁØ ÀÌ»óÀÏ ¶§ ·çºíÀ» ÆÈ¾Æ ·¯½Ã¾Æ¿¡ ¼®À¯ ÆǸſ¡¼ ³ª¿À´Â Çö±ÝÀ» ¿ÜÈ·Î ÀüȯÇϵµ·Ï Àǹ«ÈÇÏ°í ÀÖ´Ù. ¼®À¯´Â ÇöÀç ¾à 88´Þ·¯¿¡ °Å·¡µÇ°í Àִµ¥ ÀÌ´Â Áß¾ÓÀºÇàÀÌ ÃÖ±Ù ¸îÀÏ°£ »ó´çÇÑ ¾çÀÇ ·çºíÀ» ÆǸÅÇÏ°í ÀÖ´Ù´Â °ÍÀ» ÀǹÌÇϸç, ÀÌ´Â ·¯½Ã¾ÆÀÇ ¿ìÅ©¶óÀ̳ª ħ°ø ¿ì·Á·Î ¾ß±âµÈ ÅëÈ¿¡ ´ëÇÑ ¾Ð·ÂÀ» °Á¶ÇÑ´Ù°í ºÐ¼®°¡µéÀº ¸»ÇÑ´Ù.
The Russian currency immediately gained, dipping below 79 against the dollar in response to the announcement.
·¯½Ã¾Æ ÅëÈ´Â Áï½Ã »ó½ÂÇØ ´Þ·¯ ´ëºñ 79´Þ·¯ ¾Æ·¡·Î ¶³¾îÁ³´Ù.