Source Pravda.Ru

Dollar rate sees significant growth

The weighted average dollar exchange rate rocketed RUR 0.06 by the end of this morning trading session and hit RUR 31.52. This was the most significant rise in the US currency rate since July 17, i.e. over more than two weeks. Currency analysts noted that dollar purchases by banks had become even more active closer to the end of the unified trading session today. As a result, the last deals on dollars were reached at RUR 31.55, or RUR 0.09 higher than the official dollar exchange rate set by the Central Bank for today.

Experts reported that a noticeable weakening in the ruble exchange rate against the dollar was observed on an extremely low trade volume, which was below $47m, or more than 1.5-fold less than yesterday. Today's trade volume was the lowest since February 7, or over almost six months. Traders commented on this fact in an interview with RBC and explained that the Central Bank had not been interfering in the morning trading session today.

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