Source Pravda.Ru

Dollar goes up on Russian market - 3 March, 2003

The weighted average dollar exchange rate rose RUR 0.02 to RUR 31.59 at the early morning trading session today and the high on dollars reached RUR 31.6. Currency analysts noted that a rise in the dollar rate was registered on the interbank market as well.

Specialists explained that the dollar had increased because there had been no ruble deficit for a long time and due to a favorable situation with ruble liquidity at domestic commercial banks. They stated that one-day ruble credit rates were still at 2-3 percent this morning, like in the evening on February 28.

An explosion of household gas occurred in a nine-storeyed apartment building in the city of Shakhty, the Rostov region of Russia. The blast destroyed two storeys of the building

Another apartment building explodes in Russia. Several people killed

China poses an existential threat to US global economic dominance, including the advancement of its Indo-Pacific military footprint.

US Economic War on China