Source Pravda.Ru

Euro's sag influences ruble rate against dollar

The weighted average dollar rate on tomorrow deals amounted to 30.33 RUR/USD at a special session at 11:30 Moscow time today, which was RUR0.02 higher than the official dollar rate set by the Russian Central Bank for August 21. Commercial bank dealers attribute the ruble's weakening against the dollar to the sharp drop of the euro against the dollar on international exchanges. Some experts told RBC that there had been no other objective reasons for the growth in the dollar rate against the ruble. At the same time, the experts noted that the potential of the dollar's advance had been depleted and no noticeable weakening of the ruble should be expected over the next few days.

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