As the currency inched lower, the central bank injected rouble liquidity into a select group of banks allowing them to speculate on the currency market instead of lending money into the real economy.

• 随着卢布汇率一点点下滑，央行会有选择的向部分银行注入卢布流动资金，银行用这部分资金在货币市场上对冲操作，而非用于向实体经济放贷。