Source Pravda.Ru

Dollar keeps moving up

The weighted average dollar exchange rate with tomorrow settlements totaled RUR30.62, up RUR0.12 against the official dollar rate set for September 29. The dollar has been rising against the ruble for a third consecutive day. As reported earlier, on September 25 to 26 the dollar gained RUR0.05.

Currency traders pointed out that the dollar was stepping up amid banks suffering a heavy deficit of rubles. Today, overnight ruble credit rates grew to 25 percent from 15-20 percent as of Friday. The market's participants are set for buying dollars however, probably in hope for considerable growth in the dollar rate and early alleviation of strain on ruble liquidity. Experts believe if the dollar rate adds RUR0.1 or more, banks will be actively purchasing dollars even if ruble credit rates remain high.

Comments
Defending the Social Media with the four-letter word
USSR shot down Korean passenger Boeing 40 years ago. Chronicles
Germany begs USA for release
Germany begs USA for release
Germany begs USA for release
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Russia may interrupt regular flights with USA
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Defending the Social Media with the four-letter word
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Russia delivers S-300 air defense systems to Syria?
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Russia may interrupt regular flights with USA
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Defending the Social Media with the four-letter word
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
War between USA and Russia will break out only if Americans cross Russia’s red lines
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better
Unexploded Western missiles in Russia's hands: Russian air defenses to get even better