Source Pravda.Ru

Banks decrease their presence on currency market

The weighted average dollar exchange rate on tomorrow deals amounted to 30.66 RUR/USD at a special session at 11:30 Moscow time today. It means that the official dollar rate for September 13 to 15 will remain at the same level as on September 12.

Specialists attribute this standstill in the dollar rate to the extremely low interest of commercial banks in operations on the currency market. Some analysts said in an interview with RBC that banks tried to eliminate the deficit of ruble resources and paid little attention to dollar deals. Banks still do not want to sell US currency and prefer to use other deals to improve the situation with ruble resources. The purchase of dollars is too risky currently amid the considerable lack of ruble resources.

As a result, the volume of trade was less than $12m in the first 90 minutes of trade at a special session for tomorrow deals. Yesterday this figure was $9m.

Comments
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Ukraine suspicious about Russia's intention to give away rusty ships to Kiev
Keys to understanding the world from Feminism - Science and Feminism
You're invited to death penalty: Barbaric traditions of world's most progressive states
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Russian poultry stuffed with antibiotics and dangerous bacteria
Americans declassify plans to drop 466 nuclear bombs on USSR
Russia's new torpedo carrying 100-megaton nuclear warhead nullifies USA's Prompt Global Strike
Russia's and China's gold may end global domination of US dollar
Unveiled: Secret Pentagon UFO program. From science fiction to science fact
Russian poultry stuffed with antibiotics and dangerous bacteria
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991
Call girl dies of asphyxia in bizarre sexual encounter
Call girl dies of asphyxia in bizarre sexual encounter
Call girl dies of asphyxia in bizarre sexual encounter
German experts name Russia's most dangerous weapon
Russia to impose sanctions on WADA for Winter Olympics 2018
Russian Guard to see enemies behind walls
What will happen if USA freezes Russian dollar assets?
Ukraine suspicious about Russia's intention to give away rusty ships to Kiev