Source Pravda.Ru

Dollar sags

This morning the weighted average dollar exchange rate with tomorrow settlements amounted to RUR30.57, down RUR0.04 against the official rate set for today. Conversely, the situation with ruble liquidity is favoring a rise in the dollar rate. Overnight ruble credit rates are about 10 percent, down from 30 percent as of yesterday. Dealers believe that it is a sag in the activity of dollar buyers that triggered the drop in the dollar rate today. According to experts, a wane in interest in dollars is quite natural after purchasing dollars in large volume over the past two days.

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