Source Pravda.Ru

Ruble strengthening continues

The ruble keeps rising against the dollar on the Russian currency market today. The weighted average dollar rate with today settlements amounted to RUR30.34, down RUR0.04 against the official rate for June 20, 2003. Meanwhile, 15 minutes after the opening the volume of trade had already reached $70m at the UTS. This large volume of trade was mostly due to active sales of dollars by exporters today.

Commercial bank dealers point to the fact that the upsurge in dollar sales began at the end of yesterday's special session with tomorrow settlements. According to experts, dollar sellers decided to take a risk and sell off their dollars, hoping that the Central Bank would abstain from supporting the dollar rate today, and that proved to be the case indeed.

Comments
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Christchurch aftermath: Invaders complain of invaders
Christchurch aftermath: Invaders complain of invaders
The Recolonization of Latin America and the War on Venezuela
New Zealand: Global idiocy reaches down under
Christchurch aftermath: Invaders complain of invaders
Christchurch aftermath: Invaders complain of invaders
Trump's Dystopian Budget Proposal
Massacres of Muslim Worshipers in Christchurch: Tragic Insanity at Place of Worship
Massacres of Muslim Worshipers in Christchurch: Tragic Insanity at Place of Worship
Massacres of Muslim Worshipers in Christchurch: Tragic Insanity at Place of Worship
Massacres of Muslim Worshipers in Christchurch: Tragic Insanity at Place of Worship
Ukrainian musicians refuse to represent Ukraine at Eurovision 2019 one after another
Russian entrepreneur Emil Gainulin defrauded state’s budget for billions of rubles
Massacres of Muslim Worshipers in Christchurch: Tragic Insanity at Place of Worship
Massacres of Muslim Worshipers in Christchurch: Tragic Insanity at Place of Worship
Putin: The world underestimates danger of nuclear war
Putin: The world underestimates danger of nuclear war
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech