Source Pravda.Ru

Dollar rate gains on currency market

At the beginning of today's special session on US currency the weighted average dollar exchange rate on deals with tomorrow settlements amounted to 30.76 RUR/USD. Today deals at the UTS have been made at the same level, while the high on these deals has amounted to 30.77 RUR/USD. So, the dollar has noticeably gained today, because deals on US currency have been made at RUR0.09 to RUR0.10 higher than the official dollar rate. This weakening of the ruble is more considerable than yesterday when the official dollar rate added only RUR0.05.

Dealers of commercial banks believe that the main reason for this growth in US currency against the ruble is the considerable drop in the difference between the dollar supply and the demand. Specialists point out that at present banks are experiencing a shortage of dollars after they were selling US currency for a long time. As a result, the amount of dollar sales has sharply retreated while the demand for the dollar has increased, experts stressed.

Comments
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Mikhail Gorbachev shares his thoughts on nuclear war
Russia sets S-300 systems in Syria on combat readiness
Without INF Treaty, USA can destroy Russian nuclear weapons easily
World War I: Remembering the fallen, and the war criminals
2018: A critical lack of common sense in world governance
2018: A critical lack of common sense in world governance
2018: A critical lack of common sense in world governance
2018: A critical lack of common sense in world governance
2018: A critical lack of common sense in world governance
2018: A critical lack of common sense in world governance
Mikhail Gorbachev shares his thoughts on nuclear war
Russia’s sanctions against Ukraine send message to Washington
Moving inexorably towards war
Ukrainian nationalism splashes out on Kazakhstan
Ukrainian nationalism splashes out on Kazakhstan
Hillary in 2020?
On the report of Human Rights Watch against the DPRK
The world ready to help Iran circumvent US 'revolutionary' sanctions
Norwegians complain of demoralised NATO soldiers
Hillary in 2020?