At the beginning of business today balances at correspondent accounts of Russian commercial banks decreased noticeably again. At banks in the Moscow region this drop was 4.8bn rubles ($152m) and it amounted to 4.7bn rubles ($149m) throughout the country. A considerable decrease in balances has occurred for the second working day in a row. Over this period the balances at commercial banks throughout the country eased back by almost 20bn rubles ($633m) and in the Moscow region by 18bn rubles ($569m). Nevertheless, the low balances have not led to the emergence of a ruble deficit on the market of ruble resources since the middle of last month.
According to specialists, in the first half of the day, one-day ruble credit rates were 1.5-2.5 percent, i.e. at a minimal level.
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